Deals
KKR Closes Infrastructure Fund at $7.4 Billion in Deal Boom
- Third pool will focus on investments in OECD member countries
- Firm and employees putting about $360 million into the fund
Photographer: primeimages/E+ via Getty Images
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KKR & Co. has raised $7 billion from investors for its third infrastructure fund, hitting the limit of its target range at a burgeoning time for the sector.
The firm and its employees are plowing about $360 million into the fund, taking its overall size to $7.4 billion, KKR’s global head of infrastructure Raj Agrawal said in an interview. The fund will focus on deals in countries that are part of the Organisation for Economic Co-Operation and Development, mostly in North America and Western Europe.