China Life Insurance Co. has put a total of $120 million in two infrastructure funds.
The company committed $60 million each to KKR Global Infrastructure Investors IV and Stonepeak Infrastructure Fund IV (SIF IV), IREI has learned. The first close brings KKR’s Fund IV to nearly twice the size of its predecessor fund, making it the largest in the entire fund series, by far.
KKR Global Infrastructure Investors IV, which opened to investors in late 2020, recently held its first close with $14.2 billion in equity commitments, according to the transcript of a second-quarter earnings call. As of March, KKR had set a $12 billion fundraising target for th
