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KKR Launches Financial Advisory Platform in Singapore
The Straits Times
|July 02, 2025
Private equity powerhouse KKR has launched a new Singapore-based platform that will acquire and support financial advisory firms.
The platform, called Ascend Asia and backed by funds managed by KKR, will provide member firms with capital, strategic support and digital infrastructure for faster growth.
This will enable the firms to grow sustainably and retain their branding and identity, while offering consumers more choice through an open platform.
Ascend Asia's first acquisition is finexis, one of Singapore's largest financial advisory firms with over 1,100 consultants.
KKR declined to disclose the investment amount.
The acquisition of finexis has received approval from the Monetary Authority of Singapore and is expected to close in the third quarter of 2025.
An Ascend Asia spokesperson told
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