KKR completes record $19.2bn infrastructure fund focused on North America and Europe
KKR has reached the final close of its latest North America and Europe-focused infrastructure vehicle, securing $19.2bn in commitments and marking the largest infrastructure fund dedicated to the regions in the firm's history, according to a report by Reuters.
KKR has successfully completed the final close of its record $19.2bn infrastructure fund, Global Infrastructure Investors V, which focuses on North America and Europe, according to Private Equity Wire. The new fund marks the largest infrastructure fund dedicated to these regions in KKR's history, with over $9bn already committed to investments.
KKR's infrastructure platform has expanded significantly in recent years, overseeing approximately $120bn in infrastructure equity assets globally. The firm has invested over $70bn of equity into infrastructure projects in North America and Europe, and the fund's close comes as institutional investors continue to increase allocations to infrastructure due to opportunities linked to the energy transition, digital infrastructure, and AI-related data centre capacity expansion.
Vincent Policard, Co-Head of European Infrastructure at KKR, highlighted the importance of investing in essential infrastructure for strengthening competitiveness, improving energy security, and enhancing economic resilience in Europe.
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