Emerging market rout 'exciting' for private equity

The pull-back in emerging markets has created 'terrific' opportunities for long-term investors such as KKR, says co-founder Henry Kravis.

Henry Kravis, co-founder of KKR, said on Monday that the pull-back in emerging markets had created opportunities for private equity investors.

Now is “a terrifically interesting time for us”, said Kravis during a media briefing in Hong Kong. “George Roberts and I have always believed you can make your best investments going against the tide” he said referring to his fellow co-founder of KKR.

KKR said earlier this year...

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