KKR, a global powerhouse in investment, recently announced the final close of its KKR Asia Pacific Infrastructure Investors II SCSp, raising $6.4 billion.
The fund is dedicated to infrastructure investments across the Asia Pacific, stands as the largest pan-regional infrastructure fund ever raised for the region, as per the firm's statement.
The primary focus of the fund
KKR said the fund has already committed over half of its capital to approximately 10 ventures. These investments span a variety of sectors, including telecommunications towers in the Philippines and roads in India, highlighting KKR’s strategic focus on critical infrastructure with low volatility and strong downside protection, KKR said.
The fund's broad mandate covers renewables, power and utilities, digital infrastructure, and transportation, aiming for substantial investments in India, Korea, Southeast Asia, Australia, and Japan.
KKR highlights infrastructure as a key pillar
“Infrastructure is a key pillar of KKR’s global and regional strategy. We are proud to have built and scaled a market-leading platform in Asia Pacific in a short span of time, and are grateful for the continued support by our investors as we close our milestone second pan-regional fund,” said David Luboff, Co-Head of KKR Asia Pacific and Head of Asia Pacific Infrastructure at KKR.
Who are the investors
The fund has received funding from a diverse group of new and existing global investors, including public and corporate pensions, sovereign wealth funds, insurance companies, endowment funds, and asset managers.
Managing over $56 billion in assets
Since establishing its global infrastructure team and strategy in 2008, KKR has become one of the most active infrastructure investors worldwide, managing approximately $56 billion in assets across more than 80 investments.
The firm’s Asia Pacific infrastructure platform has about $13 billion in assets under management since its inception in 2019.
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