KKR has closed the latest vintage of its global infrastructure strategy, KKR Global Infrastructure Investors V, at $19.2 billion. The final closing was supported by a broad global investor base of new and existing investors spanning pension plans, sovereign wealth funds, insurance companies, asset managers, private wealth platforms and family offices, among others.
The core-plus Fund V is focused on investing in critical infrastructure assets and businesses primarily in North America and Western Europe. It focuses on diversified infrastructure opportunities that provide critical services, benefit from high barriers to entry and are expected to generate resilient cash flows over time. KKR confirmed Fund V already has committed more than $9 billion across investments that reflect this approach including Altitude III, EDF power solutions North America, Enilive, FiberCop, Global Technical Realty, Gulf Data Hub, Metronet, Sempra Infrastructure and The Parking Spot.
KKR’s