Henry Kravis, the king of rough-and- tumble leveraged buyouts, picked up a phone at his home in Palm Beach, Florida, and called the chief executive officer of one of Spain’s biggest producers of building materials.

Source: www.bloomberg.com

This is exactly what the International Bank of Settlements was talking about: too big to fail banks + over mighty asset management companies, playing, till the fat lady stops singing. 

"…They have been using their legendary names to open doors and transform KKR into a nimble credit player that can act as lender, investor and syndicator at the same time, making it reminiscent of banks like Goldman Sachs Group Inc., minus the sales and trading, before regulators curtailed their reach…"