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Hong Kong, February 1, 2024–(BUSINESS WIRE)–KKR, one of the world’s leading investment firms, today announced KKR Asia Pacific Infrastructure, a US$6.4 billion fund focused on infrastructure investments across the Asia Pacific region. – Announced the final closing of Investors II SCSp (the “Fund”). .
Upon completion, this fund will be the largest pan-regional infrastructure fund raised for the Asia-Pacific region. This largely follows KKR’s first Asia-Pacific dedicated infrastructure fund, KKR Asia-Pacific Infrastructure Investors SCSp, which closed at US$3.9 billion in 2021 as the largest Asia-Pacific dedicated pan-regional fund at the time. Since the fund’s launch, KKR has already invested or committed more than half of its capital into approximately 10 investments. KKR’s Asia Pacific Infrastructure Platform has grown organically since its inception in 2019, reaching approximately US$13 billion in assets under management.
“Infrastructure is a key pillar of KKR’s global and regional strategy. We are proud to have built and expanded a market-leading platform in Asia Pacific in such a short period of time. We appreciate the continued support of our investors as we complete this transaction, marking a milestone in our second pan-regional fund. David Luboff, KKR Co-Head of Asia Pacific and Head of KKR Asia Pacific Infrastructure. “The success of the financing reflects our ability to deliver strong risk-adjusted returns and differentiated value-add through our established multi-asset platform, local presence in key markets and strong collaborative capabilities. “Their commitment confirms our shared belief that Asia-Pacific’s infrastructure sector has great long-term potential.”
KKR’s infrastructure investment approach combines unique investment sourcing and structuring capabilities with a disciplined selection process executed by a dedicated investment team based in Asia Pacific markets. In line with this approach, the Fund leverages KKR’s global network of industry experts and experienced teams in Asia Pacific to add value and achieve attractive risk-adjusted returns. We focus on critical infrastructure with low volatility and strong downside protection, where we believe we can. , a long track record of creating operational value. The Fund has a broad investment mandate across a variety of sectors, including renewable energy, power and utilities, water and wastewater, digital infrastructure and transportation.
Hardik Shah, Partner in the KKR Infrastructure team based in Mumbai“With Asia accounting for more than 60% of global growth due to rising domestic consumption and productivity, rapid urbanization, and the rise of a large middle class, the need for new infrastructure and sustainable energy sources will continue to grow.” This backdrop presents significant opportunities for value-added private infrastructure investors, and we welcome investment opportunities that support the development and success of critical infrastructure across the Asia-Pacific region. Masu.”
Keith Kim, partner in the KKR infrastructure team based in Seoul“Our ability to create investment opportunities and successfully raise capital in a challenging macro environment relies not only on KKR’s global expertise and capabilities, but also on our deep understanding of the markets and business environments in which we invest.” It reflects the strength of our local team and we are pleased to be able to significantly deepen our commitment to Asia’s infrastructure sector through the Fund.”
The Fund receives strong support from a diverse group of new and existing prominent global investors from around the world, including public and corporate pensions, sovereign wealth funds, insurance companies, endowments and asset management companies. I am.
Brandon Donnenfeld, Managing Director, KKR Global Client Solutions Additionally, “KKR has built a differentiated infrastructure investment approach that combines decades of experience as a value-add investor, having a localized team, and maintaining a focus on downside protection. We are honored by the continued support from our investors and investors.” We look forward to seeing them continue to deliver strong performances in the future. ”
KKR first established its global infrastructure team and strategy in 2008 and has since become one of the most active infrastructure investors worldwide. Currently, the firm manages approximately US$56 billion in assets across his more than 80 infrastructure investments, and he has a team of more than 90 infrastructure investment professionals worldwide.
Debevoise & Plimpton LLP represented KKR as lead financial advisor in this financing.
About KKR
KKR is a leading global investment firm providing alternative asset management, capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, hiring world-class talent, and supporting the growth of our portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit, and real estate assets, and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries provide retirement, life insurance and reinsurance products under the management of Global Atlantic Financial Group. References to KKR investments may include the activities of KKR-sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For more information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globatlantic.com.
View source version on businesswire.com. https://www.businesswire.com/news/home/20240131782646/ja/
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KKR Asia Pacific
Wei Junong
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WeiJun.Ong@kkr.com
KKR Americas
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