Press Release
KKR Closes $7.4 Billion Global Infrastructure Fund
September 6, 2018
“The current scale of global infrastructure investment demand is simply
enormous, and is only growing, with the need outstripping capital
available,” said
KKR has a risk-based, rather than a sector-based, approach to
infrastructure investing. Consistent with this approach, the Fund will
focus on critical infrastructure investments with low volatility and
strong downside protection where KKR believes it can leverage its global
value creation resources to tackle complexity in sourcing, structuring,
operations, and execution. By doing so, the Fund aims to deliver
attractive returns with a low risk profile from a portfolio that is
broadly diversified across a number of different infrastructure
sub-sectors, geographies and asset types. The Fund has a broad
investment mandate across infrastructure sectors, including but not
limited to: energy; transportation; water, wastewater and waste; social
infrastructure; and communications infrastructure. The Fund will also
focus its investment mandate on the
KKR first established a dedicated infrastructure team and strategy in
2008. Since then, the team has grown to consist of 25 experienced
investment professionals and has completed or announced 25
infrastructure transactions across a number of sub-sectors and
geographies. With the closing of the Fund, KKR’s infrastructure business
manages approximately
The Fund received strong backing from a diverse group of new and existing global investors, including public pensions, sovereign wealth funds, insurance companies, family offices, high net worth individual investors and other institutional investors.
“Since first launching the Fund, we were thrilled to see the incredible
momentum we received from investors – both those who were early and
large supporters of our predecessor funds and also those who were
first-time investors with us as well as the asset class,” said
About KKR
KKR is a leading global investment firm that manages multiple
alternative asset classes, including private equity, energy,
infrastructure, real estate and credit, with strategic manager
partnerships that manage hedge funds. KKR aims to generate attractive
investment returns for its fund investors by following a patient and
disciplined investment approach, employing world-class people, and
driving growth and value creation with KKR portfolio companies. KKR
invests its own capital alongside the capital it manages for fund
investors and provides financing solutions and investment opportunities
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: https://www.businesswire.com/news/home/20180906005282/en/
Media:
KKR
media@kkr.com
Source: KKR
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