KKR Closes $3.1 Billion Global Infrastructure Fund
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
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
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