KKR-backed Ascend Asia buys SG advisory firm finexis

KKR-backed Ascend Asia buys SG advisory firm finexis

FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid/File Photo

Private equity firm KKR & Co Inc said on Monday that its Ascend Asia Financial Services Group is acquiring a financial advisory firm called finexis in Singapore.

No financial details were disclosed in the statement on the acquisition of finexis, which was established in 2005 and has a team of over 1,100 financial consultants and staff.

The transaction, made through KKR’s Asia Fund IV, is expected to close in the third quarter of 2025, KKR said.

Reuters

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