KKR raises $6.4 billion for Asia Pacific infrastructure fund
investment firm, has raised $6.4 billion under KKR Asia Pacific Infrastructure Investors II SCSp, for its infrastructure-related investments across Asia Pacific.
At close, the fund is the largest pan-regional infrastructure fund to have been raised for Asia Pacific, stated a press release.
This closely follows KKR’s debut Asia Pacific-dedicated infrastructure fund, KKR Asia Pacific Infrastructure Investors SCSp, which closed at $3.9 billion in 2021 as the largest Asia-dedicated pan-regional fund at the time.
Since the fund’s launch, KKR has already invested or committed more than half of its capital across approximately 10 investments. KKR’s Asia Pacific infrastructure platform has organically grown to approximately $13 billion in assets under management since its inception in 2019.
Till date, KKR has invested more than $3 billion in the Indian infrastructure sector from its Asia funds.
“As Asia accounts for more than 60% of global growth, driven by rising domestic consumption and productivity, rapid urbanization, and an enormous emerging middle class, the need for new infrastructure and sustainable energy sources will continue to accelerate," said Hardik Shah, a Partner on KKR’s Infrastructure team based in Mumbai.
We believe this backdrop presents a significant opportunity for value-added private infrastructure investors, and we welcome the chance to invest behind the development and success of critical infrastructure across Asia Pacific he added.
In India, KKR owns IndiGrid — India’s first and largest
