KKR Completes $6.4 Billion Fundraising for Asia Pacific Infrastructure II Fund

Global investment firm KKR announced on the 1st that it has "successfully completed the fundraising of the 'Asia Pacific Infrastructure II Fund' worth $6.4 billion."

On this day, KKR stated, "As of the completion of fundraising, this is the largest infrastructure fund raised for investments in the Asia Pacific region. It has received strong support from various global investors including corporations, pension funds, sovereign wealth funds, insurance companies, and asset management firms."

This fund invests across a broad and diverse range of sectors including renewable energy, power and utilities, water and sewage, digital infrastructure, and transportation. It is the successor to KKR's $3.9 billion 'KKR Asia Pacific Infrastructure Fund,' which closed as the largest infrastructure fund investing in the Asia Pacific region in 2021. Since its establishment in 2019, KKR's Asia Pacific infrastructure platform has grown its assets under management (AUM) to approximately $13 billion.

David Rubov, Co-Head of KKR Asia Pacific and Head of Asia Pacific Infrastructure, said, "Infrastructure is one of the core elements of KKR’s global and Asia Pacific strategies," adding, "KKR can deliver superior risk-adjusted returns and differentiated value through its strong presence in key local markets and close collaboration across diverse regions and strategies. The completion of this fundraising demonstrates the trust of global investors."

KKR’s infrastructure investment approach is executed through local dedicated investment teams based in markets across the Asia Pacific region, leveraging their sourcing and structuring capabilities and investment processes. The focus is on core infrastructure with low volatility and downside protection, while adding value to assets to achieve superior risk-adjusted returns. To this end, KKR utilizes a global network of industry experts, a highly experienced Asia Pacific dedicated team, and a long track record of value creation.

Hardik Shah, Partner at KKR’s Mumbai office, said, "Asia drives over 60% of global growth, powered by national consumption and productivity improvements, rapid urbanization, and a rapidly expanding emerging middle class. Demand for new infrastructure and sustainable energy sources will surge." Yanghan Kim, Partner at KKR’s Seoul office and Head of Northeast Asia Infrastructure, added, "The ability to create investment opportunities and successfully raise capital amid challenging macroeconomic conditions is the result of the highly localized KKR teams’ deep understanding of each country’s characteristics and business environment combined with global expertise and capabilities."

Meanwhile, KKR first established its global infrastructure team and strategy in 2008. Since then, it has invested over $56 billion in approximately 80 infrastructure deals and currently operates a team of about 90 dedicated investment professionals.

This content was produced with the assistance of AI translation services.