KKR raises $1b for global impact fund
Other - AUGUST 8, 2019

KKR raises $1b for global impact fund

by Andrea Zander

KKR has surpassed a $1 billion target for its inaugural Global Impact Fund and is still continuing to raise money for the vehicle, according to Bloomberg.

The fund will reportedly target social and environmental issues with private capital, and it has already started to invest its capital, acquiring stakes in Indian recycling firm Ramky Enviro Engineers and Singapore-based energy-efficiency company Barghest Building Performance.

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