KKR & Co. Inc. (NYSE:KKR) is exploring strategic options, including bringing in a new investor or a group of investors, in KKR India Asset Finance Limited (KIAFL), said two people aware of the development. The US private equity investor had set up the non-bank in 2015 along with co-investors, including Singapore's sovereign GIC. "This is being done because, as set out at the time of KIAFL's establishment in 2015, the investors' objective was to evaluate the strategic options of their investment by 2022, which was the agreed term of the fund," said one of the people mentioned above on the condition of anonymity. The process is at an early stage right now, he said. KKR declined to comment.