Global investment giant debuts first ASX-listed fund with KWM's help

The deal continues the international law firm’s longstanding relationship with its client

Global investment giant debuts first ASX-listed fund with KWM's help

A global investment giant has tapped King & Wood Mallesons (KWM) for its first move into the public markets in Australia.

KWM has advised KKR on the launch of its first ASX-listed fund, the KKR Credit Income Fund.

KKR is seeking to raise up to $825m for the fund, which will provide investors in Australia and New Zealand access to a diversified portfolio of alternative credit investments. The fund will back funds managed by KKR’s credit investment teams, KWM said.

Partner David Eliakim heads the KWM team. Also providing expert advice are partner Jim Boynton, special counsel Amanda Isouard, senior associates Shabarika Ajitkumar and John Arthur, and solicitors Thomas Rust and Rhiannon Parker.

“We have a long history of working with the KKR private equity team and are very grateful for the opportunity to work alongside KKR’s credit team on a high-profile matter,” Eliakim said. “We are sure that the IPO will be well-supported given the investment demand for credit products in a low interest rate market and the quality of the issuer.”