What happened
KKR is anticipating further deals in Korea following a $3 billion investment, according to Tech in Asia.
The firm also joined with local funds to invest a combined 3.1 trillion won, or US$2.22 billion, in SK Telecom's data-center business.
Why it matters
The stated expectation of more Korea deals suggests KKR views the market as a continuing source of investment opportunities rather than a one-off target.
The SK Telecom data-center transaction shows the firm's willingness to team up with local funds on large-scale infrastructure assets, a structure it may look to repeat.
Key facts
KKR sees more Korea deals after a $3b investment.
KKR worked with local funds to invest a combined 3.1 trillion won in SK Telecom's data-center business.
The combined investment equals US$2.22 billion.
What to watch next
Whether KKR follows through with additional Korea transactions, and which sectors or asset types those deals target.
How the SK Telecom data-center investment develops and whether similar partnerships with local funds become a template for future KKR activity in the country.
