KKR & Co. has raised $1.78 billion from more than 12,000 investors for its investment vehicle, KKR Infrastructure Conglomerate, reported Bloomberg.
KKR Infrastructure Conglomerate is one of two companies KKR formed to attract capital from wealthy individuals who don’t necessarily meet the minimum investment threshold to invest in a traditional private fund. The other is KKR Private Equity Conglomerate.
Both began fundraising in June 2023.
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