KKR Closes $2.24 Billion Global Private Credit Fund
"We continue to lean in to this strategy because global capital markets have evolved and created a permanent need for long-term capital providers to support financing activities. Specifically, we see significant opportunities for junior capital in asset-backed financing transactions. In addition, we expect the traditional corporate mezzanine opportunity set to be active in the coming years on the heels of increased M&A, corporate liquidity and available private equity capital," said
The Fund is focused on private corporate debt and mezzanine lending, financial assets, hard assets and structured credit.
PCOP II exceeded its target and is more than twice the size of its predecessor fund,
"We are pleased by the encouragement we have seen from so many new and existing Limited Partners. This strategy has and will continue to be an area of focus and growth for our credit business," said
Representative current or past private credit investments include
KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strategic manager partnerships, 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 with KKR portfolio companies. KKR invests its own capital alongside its partners' capital 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
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