KKR announced it is making an additional $1.5 billion equity commitment to Global Technical Realty (GTR), a multi-billion dollar European built-to-suit data center platform. In connection with the investment, Oak Hill Capital, a thematic middle-market private equity firm, will join as an investor in the company with a $400 million commitment.
KKR is funding its investment primarily from its Global Infrastructure Strategy. The firm has committed approximately $34 billion of equity into digital infrastructure across 24 investments alongside more than $20 billion in power and renewables.
Oak Hill and its predecessors have been investing in digital infrastructure for more than 30 years and have made 30 investments to date. The investment in GTR marks the firm’s fourth platform investment in the data center space.
Founded by data center entrepreneur Franek Sodzawiczny and KKR, GTR has become one of Europe’s premier developers and operators of mission-critical dat