KKR upbeat on India, sees big potential in private credit – Feedback

US-based private equity major KKR & Co prefers credit market in India to equities, given the solid macro environment, which is being supported by Prime Minister Narendra Modi’s policies.

KKR sees “great potential“ in private credit in India, a region where it created a differentiated credit model and invested close to $3.5 billion through structured financing to promoters and businesses. “In terms of performance, emerging market equities may finally be bottoming, India private credit still offers great potential and KKR has adopted the concept of buying complexity and selling simplicity,“ said Henry McVey, head of global macro & asset allocation at KKR.

http://economictimes.indiatimes.com/industry/banking/finance/kkr-upbeat-on-india-sees-big-potential-in-private-credit/articleshow/54971391.cms

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