KKR Limits Redemptions From Asset-Based Fund After 7.2% Sought Withdrawals

KKR & Co. has capped withdrawals at 5% of its asset-based finance fund K-ABF, after the vehicle saw redemption requests of roughly 7.2%.

By Silas Brown · Bloomberg Markets

KKR & Co. has capped withdrawals at 5% of its asset-based finance fund K-ABF, after the vehicle saw redemption requests of roughly 7.2%.