Global investment firm KKR and The Chernin Group, LLC
announced Monday, a multi-faceted partnership that includes the creation of
Emerald Media, a new vehicle to fund investments capitalizing on
fast-growing opportunities in the media and entertainment industries
across Asia. KKR has committed up to $300 million to the Emerald Media
platform from its KKR Asian Fund II and The Chernin Group will join as a
minority co-investor. KKR has also acquired a significant, minority
stake in CA Media, the existing Asian media portfolio of The Chernin
Group.
This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20151102006980/en/
Leading industry veterans Rajesh Kamat and Paul Aiello will jointly head
Emerald Media and will be joined by an experienced
See full press release
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