RPT-Fitch Withdraws Avoca Capital Holdings' 'Highest Standards' Asset Manager Rating

Mon Jun 30, 2014 9:19am EDT

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June 30 (Reuters) - (The following statement was released by the rating agency)

Fitch Ratings has withdrawn Avoca Capital Holdings' 'Highest Standards' Asset Manager Rating.

The withdrawal follows the reorganisation of Avoca into KKR & Co L.P.'s (A/Stable) in the wake of the completion of its acquisition by KKR effective today. Fitch will no longer provide ratings or analytical coverage of Avoca.

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