KKR, The Chernin Group's CA Media Announce Creation of Emerald Media

Global investment firm KKR and The Chernin Group, LLC announced Monday, a multi-faceted partnership that includes the creation of Emerald Media, a new vehicle to fund investments capitalizing on fast-growing opportunities in the media and entertainment industries across Asia. KKR has committed up to $300 million to the Emerald Media platform from its KKR Asian Fund II and The Chernin Group will join as a minority co-investor. KKR has also acquired a significant, minority stake in CA Media, the existing Asian media portfolio of The Chernin Group. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20151102006980/en/ Leading industry veterans Rajesh Kamat and Paul Aiello will jointly head Emerald Media and will be joined by an experienced See full press release