KKR has raised $6.4 billion for its KKR Asia Pacific Infrastructure Investors II fund in a final closing. The fund was backed by a diverse group of new and existing prominent global investors across the world, including public and corporate pensions, sovereign wealth funds, insurance companies, endowment funds and asset managers.
Fund II is the largest pan-regional infrastructure fund to have been raised for Asia Pacific, according to KKR. It follows on the back of KKR’s inaugural KKR Asia Pacific Infrastructure Investors fund, which closed at $3.9 billion in 2021 as the largest Asia-dedicated pan-regional infrastructure fund at the time.
The fund has a broad investment mandate across various sectors, including renewables, power and utilities, water and wastewater, digital infrastructure, and transportation, among others. KKR Asia Pacific Infrastructure Investors II has invested or committed more than half of its capital across 10 investments.
“Infrastructur