Key facts
- KKR closed its Global Infrastructure Investors V fund with $19.2 billion.
- The fund will invest in infrastructure assets in North America and Western Europe.
- Investor demand for energy transition and digital infrastructure assets is driving fundraising.
- KKR manages approximately $120 billion in infrastructure equity globally.
- The fund has already committed over $9 billion to investments.
Private equity firm KKR has successfully closed its Global Infrastructure Investors V fund, securing a record $19.2 billion for investments primarily in North America and Western Europe. This significant fundraising effort highlights the strong investor demand for infrastructure assets, particularly those linked to the energy transition and digital infrastructure like data centers.
The fund's strategy will focus on critical infrastructure investments that possess high barriers to entry and are expected to generate stable, long-term cash flows. KKR has already committed more than $9 billion of the fund's capital to various investments.
KKR's infrastructure business has become one of the largest globally, managing approximately $120 billion in infrastructure equity. The firm reported substantial inflows of $34 billion in its real assets business during the second quarter, driven by its infrastructure strategies. Globally, through its infrastructure strategies, KKR has invested over $70 billion in equity across North America and Europe.
Vincent Policard, Co-Head of European Infrastructure at KKR, emphasized the growing importance of infrastructure investment in Europe for competitiveness, energy security, and economic resilience. The firm's recent strong quarterly profit, bolstered by higher fees from its expanding client assets and successful asset sales, further underscores its robust performance.