KKR Raises $11 Billion for Its Newest Global Infrastructure Fund
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KKR & Co. raised $11 billion for its latest global infrastructure fund, more than half of its target, according to a person with knowledge of the matter.
The alternative-asset manager began fundraising for KKR Global Infrastructure Investors V in November with a goal of $20 billion, said the person, who asked not to be identified discussing confidential information. The firm hasn’t yet held a first close on the fund.