Private-Equity Giant KKR Gets Creative With 'Buildup' Deal

While the private-equity market is starting to recover, the process is likely to take a few years. It's still difficult to get financing, and there is a focus on trying to get liquidity on existing deals. But the fact remains that private-equity firms are sitting on over $500 billion in capital. To generate fees on this hefty amount, deal-makers need to, well, do deals.