HONG KONG, Sept 16 Henry Kravis, co-founder of
private-equity firm KKR & Co LP, said he sees rising
opportunities for dealmaking in Japan as the country's
corporations become more open to foreign partnerships.
Kravis, 69, said Japanese corporations realised they were
facing a loss of status due to rising competition from South
Korea and China.
"You see some shoots coming up, companies are becoming more
flexible," Kravis told reporters in Hong Kong on Monday in his
first media briefing in Asia this year.
Kravis, an early pioneer of private equity investing, was
discussing the New York firm's Asia strategy as it begins to
invest a record $6 billion regional fund, which officially
closed in July.