KKR backs off new China smaller-cap fund as it eyes bigger returns -sources

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KKR backs off new China smaller-cap fund as it eyes bigger returns -sources

KKR backs off new China smaller-cap fund as it eyes bigger returns -sources
HONG KONG, Oct 4 (Reuters) - U.S. private equity firm KKR &Co LP has told investors it will refrain from launchinga new fund targeting small- and medium-sized companies in Chinaand will instead focus on larger, more profitable buyouts,people familiar with the plans told Reuters.

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