KKR sets up $50 million international coronavirus relief fund
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(Reuters) - KKR & Co Inc has established a $50 million global relief fund to help people affected by the new coronavirus, according to a letter the U.S. private equity firm sent to its investors on Tuesday.The fund will support the immediate needs of frontline medical workers, ensure food security to vulnerable communities, provide benefits and financial coaching for affected employees among KKR portfolio companies and assist small businesses facing difficulties, the letter said.The capital for..