Alaska Permanent Fund Corp. has committed $250 million to KKR Global Infrastructure IV, according to a recent board meeting packet.
Fund IV opened to investors in late 2020, and KKR set a $12 billion fundraising target for the fund in March. The fund held its first closing in August with $14.2 billion in equity commitments.
The vehicle will invest in infrastructure assets such as oil and gas pipelines as well as renewable-energy projects.
