KKR Closes $3.1 Billion Global Infrastructure Fund
July 8, 2015
The Fund will follow KKR’s existing infrastructure investment strategy, which stems from the firm’s belief that there is – and will continue to be – a growing need to replace, upgrade and expand infrastructure across the globe. KKR will continue to make investments in the energy supply chain, water systems, roads, railways, airports, and communications networks.
“A decrease in public funding and weakened economic conditions in many
regions are driving tremendous global demand for private investments in
infrastructure, and KKR’s differentiated strategy allows us to meet this
need with value-added solutions,” said
The Fund, which closed at its hard cap, received strong backing from a
diverse group of new and existing global investors, including public and
corporate pensions, asset managers, sovereign wealth funds, insurance
companies, and foundations. With the closing of the Fund, KKR has
approximately
The global capital raising effort was led by
KKR sources investments for its infrastructure business by focusing on certain risk characteristics, including the following: physical assets, assets central to the functioning of the local economy, irreplaceable assets, assets with long-term cash flows, assets that have limited sensitivity to economic cycles and assets that are inflation hedged.
Recent infrastructure investments include an investment to support
improvements in
About KKR
KKR is a leading global investment firm that manages investments across
multiple asset classes including private equity, energy, infrastructure,
real estate, credit and hedge funds. KKR aims to generate attractive
investment returns by following a patient and disciplined investment
approach, employing world‐class people, and driving growth and value
creation at the asset level. KKR invests its own capital alongside its
partners’ capital and brings opportunities to others through its capital
markets business. References to KKR’s investments may include the
activities of its sponsored funds. For additional information about
View source version on businesswire.com: http://www.businesswire.com/news/home/20150708005476/en/
KKR
Kristi.huller@kkr.com
Source: KKR
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