(Reuters) - Buyout firm KKR & Co Inc is seeking to raise $12 billion for its flagship global fund that will invest in infrastructure assets such as oil and gas pipelines and renewable energy projects, according to people familiar with the matter. Don't have an account? Lorem ipsum dolor sit amet, consectetur adipisicing elit. We ask for most of the necessary data from the Companies Register, and it only takes a few . We seek to generate strong returns through capitalizing on thematic growth trends and transforming attractive businesses . Log in to our website to save your bookmarks. The New Mexico State Investment Council (SIC) revealed in a meeting document that it had approved a $100m commitment to KKR Diversified Core Infrastructure Fund, a fund hoping to raise up to $5bn in the coming years. The fund is located in New York, New York and invests in Western Europe and North America. %%EOF
2023 Kohlberg Kravis Roberts & Co. L.P. All Rights Reserved. Multibagger stock rallies over 116% in 10 months since Who provoked King Charles to throw Harry-Meghan off the RCap resolution: NCLAT okays another bidding round for Will bring finality in time bound manner: Gautam Adani Are you ready for India's lithium stocks gold rush? The recipient should not distribute this Communication to any person (other than its legal, investment or tax advisors) without the prior consent of Drawbridge. The Fund's active industry exposures (which are a byproduct of stock selection) detracted as well as active individual stock exposures. For the past eight years he has been writing on the biggest deals in private equity, venture capital, IPO market and corporate mergers and acquisitions. core infrastructure . Copyright HT Digital Streams Limited All rights reserved. We underwrite., First-time fortunes for emerging managers. The scale of global infrastructure investment demand is enormous, and there is a growing need to replace and expand international infrastructure including all parts of the energy supply chain and a wide array of public services such as roads, railways, airports, and communications networks. Our strategy is to seek infrastructure investments with limited downside risk. Register now to read this article and more for free. All forward-looking statements speak only as of the date they are made. KKR has so far raised $3bn (2.4bn) for its global open-ended core infrastructure fund, according to an investor. The team is focused on creating a broadly diversified portfolio across markets, sectors, risks and geographies. By clicking OK below, I acknowledge that I have read and understood the following important information: Access to the KKR Investor Portal is provided to investors in Drawbridge Realty Partners, L.P. (the Drawbridge Fund) by Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, KKR) solely in KKRs capacity as an administrator to the Drawbridge Fund and at the direction of Drawbridge Realty (Drawbridge). We will look at both annuity and toll roads," Shah said. We are thrilled to have their continued support and look forward to continuing to perform for our investors through this strategy.. Vincent Policard, Co-Head of European Infrastructure at KKR, added: With the close of our latest infrastructure fund, we look forward to deepening our commitment to meeting this pressing global need and continuing to make investments where we believe our differentiated approach and platform can create value for the long-term.. Infrastructure is a distinct asset class, making selection, based on a variety of factors, critically important. Multibagger stock rallies over 116% in 10 mont Who provoked King Charles to throw Harry-Megha RCap resolution: NCLAT okays another bidding r Will bring finality in time bound manner: Gaut Gold rate today trades tepid as US dollar cont EPF higher pension: How to apply on the EPFO p Supreme Court asks president to appoint CEC, E Why sub-zero interest rates are neither unfair Why RVNL shares are up 11% today after rallyin KKRs Asia infra fund will look to create a diversified portfolio of core infrastructure assets. Date Filing Type Reported Sold Incremental Cash Type Exemptions Link to Raw Filing; KKR Diversified Core Infrastructure Fund (B) SCSp B245498 Important notice . Sovereign Investor Leadership Conference March 2023 This site uses cookies. KKR has a financial and/or control interest in, and provides certain services to the Drawbridge Fund and/or its sponsor, but KKR is not the investment advisor to the Drawbridge Fund or any portfolio investment of the Drawbridge Fund. There is a lot of depth in the roads sector and it is a sector that we like. KKRs Asia Pacific infrastructure portfolio includes India Grid Trust, a publicly traded infrastructure investment trust, Virescent Infrastructure, a renewable energy company in India, Eco Solutions Group, an environmental services provider in South Korea, First Gen, a Philippines power producer, TSK Corp, an environmental services management company in South Korea, and Pinnacle Towers, a telecommunications infrastructure provider in the Philippines. But KKRs latest global infrastructure fund would be significantly bigger than KKR Global Infrastructure Investors III, which amassed $7.4 billion from investors in 2018. Click here. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. KKR will be investing $1 billion of capital in the Fund alongside these investors through the Firms balance sheet, affiliates, and employee commitments. KKR Diversified Core Infrastructure Fund (DCIF) focuses on investments in established brownfield assets diversified by sector and geography with high EBITDA margins and contracted or regulated cash fl Lorem ipsum dolor sit amet, consectetur adipisicing elit. 3233596, VAT No. You are now subscribed to our newsletters. Read our policy. Email: Investor-Relations@kkr.com. News KKR rakes in $3bn capital for open-ended core infrastructure fund. endstream
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Oops! KKR has hit the final close of its $3.9 billion maiden infrastructure fund for Asia, KKR Asia Pacific Infrastructure Investors SCSp, the American private equity investor said on Monday. All rights reserved. KKR's third and second infrastructure funds have generated 0.97 times and 1.49 times respectively of their investors' money as of March 2020, according to the New York City Police Pension Fund. We seek to drive value creation through distinctive sourcing, deep operational engagement, and active stakeholder management. . The forward-looking statements are based on KKRs beliefs, assumptions and expectations of its future performance, taking into account all information currently available to it. Register now to read this article and more for free. Registered Office: 1 Kentish Buildings, 125 Borough High Street, London SE1 1NP, Germany eases tax on Spezialfonds investing in renewables, Ivanho Cambridge, Belfius, Belgiums SWF back co-living firm Cohabs, Patrizia Infrastructure acquires Italian bio-LNG producer Biomet. In order to update the data, it is also necessary to extend the validity of the LEI number in the international GLEIF database. The LEI number of your company has expired! Sovereign Investor Leadership Conference March 2023 Ab architecto culpa, eum mollitia optio quaerat veniam! Don't have an account? And performance in our flagship fund has been even stronger, up 28% for the quarter and up almost 80% over the last 12 months. No person should rely upon the past performance or reputation of KKR or its investment products when considering any security offered by the Drawbridge Fund or Drawbridge. KKR has a financial and/or control interest in, and provides certain services to the Drawbridge Fund and/or its sponsor, but KKR is not the investment advisor to the Drawbridge Fund or any portfolio investment of the Drawbridge Fund. The recipient should not distribute this Communication to any person (other than its legal, investment or tax advisors) without the prior consent of Drawbridge. By clicking on Accept, you agree to the use of cookies. KKR, a leading global investment firm, today announced the final closing of KKR Global Infrastructure Investors IV (the Fund), a $17 billion fund focused on pursuing global infrastructure investment opportunities with an emphasis on investments in OECD countries in North America and Western Europe. DCIF is KKR's first open-end infrastructure fund that seeks to pursue core infrastructure investments with a buy-and-hold approach. A link has been emailed to you - check your inbox. Click here. endstream
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Get limited access to our industry news, analysis and data, plus regular email updates. Private equity firms tend to raise successor funds that are 10% to 20% larger than their predecessors. The UK-based infrastructure investor and developer will be split into a development company and an asset company should KKRs 2bn offer be accepted. Our goal is to achieve returns through the acquisition and operational improvement of infrastructure assets, which are important to the functioning of regional and local economies. Address. Looks like you have exceeded the limit to bookmark the image. 33739B104 366575.00000000 NS USD 2862950.75000000 0.983530766868 Long EC RF US . Please read our cookie notice for more information on the cookies we use and how to delete or block them. KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. KKR Diversified Core Infrastructure Fund (located in Allocation Global, Global) was purchased by a Public Pension from United States on 10/21/2022 as a Fund Investment in the Infrastructure industry. As part of its dedicated Asia Pacific infrastructure strategy, launched in 2019, KKR has so far committed $1.8 billion across six investments. The expertise of our Public Affairs group, outside advisors and partnerships with policymakers, organized labor, environmental NGOs and other interested parties provide KKR with differentiated opportunities to enhance the long-term value of our infrastructure investments. KKR is making the acquisition through its open-ended Diversified Core Infrastructure Fund. Kohlberg Kravis Roberts Co LP. The New Mexico State Investment Council (SIC) revealed in a meeting document that it had approved a $100m commitment to KKR Diversified Core Infrastructure Fund, a fund hoping to raise up to $5bn in the coming years. The firm is also eyeing opportunities arising out of government programmes. The fundraising comes as President Joe Biden has been pushing U.S. lawmakers to back a plan for trillions of dollars in new spending on projects to restore Americas crumbling infrastructure. A verification email is on its way to you. 69346N107 188986.00000000 NS USD 2823450.84000000 0.969961068970 Long EC RF US N 1 N N N MainStay CBRE Global Infrastructure Megatrends Fund . 685 1784 92. The firm currently oversees approximately $40 billion in infrastructure assets globally and has made approximately 65 infrastructure investments across a range of sub-sectors and geographies. View source version on businesswire.com: https://www.businesswire.com/news/home/20220314005151/en/, Media: Click here to register, Not for publication, email or dissemination, IRA tax credits will usher in a new wave of ESG in America, Europeans American dream prompts DC Advisory to launch US infra team, Celebrating excellence: Infrastructure Investor Annual Awards 2022, DigitalBridge: People were just investing. Direct links to the EDGAR source material. MainePERS has invested in other KKR infrastructure funds, however, a . Sovereign Investor Leadership Conference March 2023 Affordable housing Europe: Should investors be part of the solution? Before viewing this presentation, please acknowledge your understanding that it has been prepared for KKR & Co. Inc. (NYSE:KKR) for the benefit of its public stockholders and is not intended to be a solicitation or sale of any of the securities, funds or services that it may discuss. Some sectors have their own cycles such as renewables, which appears to be hot right now, but we believe that India is a deep infrastructure marketwe dont think things are overpriced right now and we see a number of attractive opportunities," Shah said. Widen out consumption to avert an income trap, Forget chatbots, this is how US companies are using AI. Information regarding the Drawbridge Fund accessed through the KKR Investor Portal is confidential and intended for Drawbridge Fund investors only. The primary source of capital funding for Lutheran churches and schools . There is no guarantee that investments meeting these characteristics will be available or that all investments within the KKR Diversified Core infrastructure Fund will meet such characteristics. Cavnue, a company founded by Sidewalk Infrastructure Partners, selected to lead the project in partnership with the state of Michigan. You should only be asked to sign in once. Filings. [Current_Location] => BD We underwrite., First-time fortunes for emerging managers. A verification email is on its way to you. 2023 Kohlberg Kravis Roberts & Co. L.P. All Rights Reserved. Accusamus aliquid animi commodi cumque nam nemo! An engineer and an MBA, he started his journalism career in 2014 with Mint. By using this site you agree to our use of cookies. 04014F102 165062.00000000 NS USD 1913068.58000000 0.657210679421 Long EC RF US N 1 N N N KKR Income Opportunities Fund . New Mexico SICs commitment is part of $1bn worth of commitments from limited partners, represented by the Townsend Group, into the KKR fund. Welcome to IPE Real Assets. References to KKRs investments may include the activities of its sponsored funds and insurance subsidiaries. Phone. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight recently . 2127508300. These resource issues have created a heightened need for experienced private capital. Partners Group is a leading global private markets firm. Phone. All quotes delayed a minimum of 15 minutes. KKR Diversified Core Infrastructure Master Fund B SCSP; Firm: Fund # CIK # 0001933577: Sale: Fund: Phone: 2127508300: Address: Kohlberg Kravis Roberts Co LP New York, New York 10001: Source Secure income strategies: How secure is secure? Other Private Fund. Industry: Pooled Investment Fund (See others in industry) Address: Kohlberg Kravis Roberts & Co. L.P. 30 Hudson Yards, Suite 7500 New York, NY, 10001 Phone: (212) 750-8300 . 2020-12-31 ($7.5 BB Sold) Fund. KKR's third and second infrastructure funds have generated 0.97 times and 1.49 times respectively of their investors' money as of March 2020, according to the New York City Police Pension Fund. This site uses cookies to provide you with a more responsive and personalized service. Click here to register, Not for publication, email or dissemination, IRA tax credits will usher in a new wave of ESG in America, Europeans American dream prompts DC Advisory to launch US infra team, Celebrating excellence: Infrastructure Investor Annual Awards 2022, DigitalBridge: People were just investing. Only logged in subscribers of this site will be able to access the shared article. Drawbridge is an independently managed real estate investment vehicle. Sale. NEW YORK & LONDON(BUSINESS WIRE) ( Filings. You can check all the benefits of becoming a member and purchase a subscription on our membership page. KKR Diversified Core Infrastructure Fund (located in Allocation Global, Global) was purchased by a Public Pension from United States on 09/10/2021 as a Fund Investment in the Infrastructure industry. Your session has expired, please login again. KKR Diversified Core Infrastructure Fund SBS LP; Firm: Fund # CIK # 0001918583: Sale: Fund: Phone: 2127508300: Address: Kohlberg Kravis Roberts Co LP New York, New York 10001: Source: Fund AUM and Sold ($) 1.0 0.8 0.6 0.4 0.2 0.0 2011 2015 2019 2023: Fund Details; Director: Custodian: Auditor: Marketer: Broker: Jurisdiction: Directors Interview: Stefan Mchler, Swiss Life Asset Managers, Top 150 Real Estate Investment Managers 2022, Top 100 Infrastructure Investors 2022: Survey, KKR to buy infrastructure firm John Laing for 2bn, US fibre firm MetroNet receives fresh capital from Oak Hill, KKR, Ohio Police & Fire puts $125m into KKR infrastructure fund, People moves: Lezama joins CBRE IMs private infrastructure team, Indiana PRS supports new Carlyle Europe fund with $75m commitment, USS to replace head of $5bn real estate portfolio. Predict the closing value of sensex and win free subscription. " Accusamus fuga nesciunt quos. Previously listed on the London Stock Exchange and a member of the FTSE250, John Laing was taken private in 2021 by KKR's Diversified Core Infrastructure Fund (DCIF). So, the competition has definitely increased. We use cookies to create the best possible browsing experience for InfraPPP website visitors. . Industry: Pooled Investment Fund (See others in industry) Address: Kohlberg Kravis Roberts & Co. L.P. 30 Hudson Yards, Suite 7500 New York, NY, 10001 Phone: (212) 750-8300 . Our long history of value creation, coupled with our substantial investment in people, processes and resources to drive operational improvement, positions us to create value in infrastructure assets. Companies register, and it only takes a few notice for more information on the cookies we use cookies create. Website to save your bookmarks housing Europe: should investors be part of the necessary data from the register... Part of the LEI number in the roads sector and it only a... 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