How KKR’s big bet on India credit became a cautionary tale for investors
Rocked by the shadow-banking crisis in India, KKR’s local credit unit lost $207 million in the final nine months of 2019, wiping out nearly 40 per cent of its capital
Rocked by the shadow-banking crisis in India, KKR’s local credit unit lost $207 million in the final nine months of 2019, wiping out nearly 40 per cent of its capital