The Arkansas Local Police and Fire Retirement System has approved a $20 million commitment to KKR Energy Income and Growth Fund, managed by KKR & Co., according to the Feb. 11 minutes.
This month KKR held a $2 billion final close for EIGF, which primarily invests in the development of North American unconventional oil and gas resources. The fund launched in March 2013. To date, the EIGF strategy has deployed more than $350 million of equity in eight investments.