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How a KKR-advised debt mutual fund built exposure to KKR-backed firms and tanked

By Ranjani Raghavan

  • 27 Apr 2020
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How a KKR-advised debt mutual fund built exposure to KKR-backed firms and tanked
Credit: 123RF.com

Private equity firm KKR is in the crosshairs again after it emerged that a debt mutual fund scheme that lost half its value in a day had subscribed to debt securities of companies that were also part of its own credit portfolio. The net asset value of BOI AXA Credit Risk ......

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