KKR raising massive fund

Kohlberg Kravis Roberts is looking to make history again. It aims to raise $15.5 billion this year for a new takeover fund that would likely be the largest ever formed. That follows similar fundraising efforts by the likes of Stephen Schwarzman, David Bonderman and Leon Black. Clearly, these are flush times in the private equity world. KKR's new fund would allow it an opportunity in theory to pursue large buyout candidates. Is another RJR Nabisco in the making?

> Read the New York Post article.