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KKR targets Asia expansion with new director

KKR has tapped Ridha Wirakusumah, the former president director of PT Bank Internasional Indonesia, as a director to help expand its investments in Asia. The firm is working to raise up to $6bn for its second Asian buyout fund. Wirakusumah was previously the Asia-Pacific head of American International Group's consumer finance practice and worked in the Indonesian unit of Malaysian lender Maybank before it bought a controlling stake in Bank Internasional.

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