KKR: What's going wrong at the private equity firm, and how to fix it

The turmoil in the Indian non-banking finance companies (NBFCs) isn’t sparing the lending books of private equity (PE) funds either. Over the last year, KKRIFS’s debt investments in companies like Kwality Dairy, CG Power and Industrial Solutions, and Coffee Day Enterprises Ltd have turned sour.
Forbes India's private equity expert, Pooja Sarkar, breaks down the lessons for the KKR, global private equity giant, from lending transactions that have gone sour in an era when governance levels have hit new lows. Two key takeaways: The need for more due diligence and a proactive, eagl
Published: Oct 2, 2019