AllianzGI leads KKR’s first private credit continuation vehicle
Wednesday, October 28, 2026 · first reported by Alternative Credit Investor and 1 other
KKR closed its first private credit continuation vehicle at more than $460m in total commitments, with Allianz Global Investors as lead buyer. The vehicle holds assets of KKR Lending Partners III, which generated an 11.0% net IRR and 1.7x multiple as of June 30, 2026.
- Firm
- KKR
- Also named
- AllianzGI
- Size
- $460M
- Stage
- Raising
- People
- Alexander Li
- Asset class
- Secondaries, Credit
- Geography
- North America
Advisers Debevoise & Plimpton (fund counsel)
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
Coverage
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