KKR & Co.LP is looking to raise $650 million to $800 million for its firsthealthcare fund.
The fund will make growth equity investments of less than$100 million, Bloomberg News reported, citing "people with knowledge ofthe process." It will be led by Ali Satvat, a partner at the company, and Jim Momtazee,KKR's head of healthcare, according to the report.
A spokeswoman for KKR declined to comment, the news outletsaid.
The asset manager is also gathering funds for its privateequity pool Americas Fund XII. The company expects to exceed the $12 billiontarget it agreed to with investors, the news outlet reported.