MUMBAI, Jan. 15 -- KKR has closed its second Asia-Pacific performing credit fund with $2.5 billion in capital, deploying more than half across 10 investments, the global investment firm said in a statement on Thursday.

The fund, which provides private credit solutions to companies and sponsors, will continue investing in performing credit opportunities across three primary themes: senior and unitrenched direct lending, capital solutions, and collateral-backed investments.

The corpus comprises $1.8 billion from KKR's Asia Credit Opportunities Fund (ACOF II) and $700 million from separately managed accounts focused on similar investments. The 10 transactions executed by the credit platform represent roughly $1.9 billion in capital deploye...