KKR Diversified Core Infrastructure Fund, Follow-on (located in Allocation Global, Global) was purchased by a Public Pension from United States on 04/05/2022 as a Fund Investment in the Infrastructure industry. The closing comes at a time of significant growth in demand for private infrastructure investment, particularly in sectors including digital communications, energy transition, transportation, water, waste, and industrial infrastructure, among others. Ab architecto culpa, eum mollitia optio quaerat veniam! Vincent Policard, Co-Head of European Infrastructure at KKR, added: With the close of our latest infrastructure fund, we look forward to deepening our commitment to meeting this pressing global need and continuing to make investments where we believe our differentiated approach and platform can create value for the long-term.. The New Mexico State Investment Council (SIC) revealed in a meeting document that it had approved a $100m commitment to KKR Diversified Core Infrastructure Fund, a fund hoping to raise up to $5bn in the coming years. Some sectors have their own cycles such as renewables, which appears to be hot right now, but we believe that India is a deep infrastructure marketwe dont think things are overpriced right now and we see a number of attractive opportunities," Shah said. ( Sale. [Current_Location] => TW We are thrilled to have their continued support and look forward to continuing to perform for our investors through this strategy.. Sovereign Investor Leadership Conference March 2023 hbbd```b`` 266 0 obj <> endobj KKR has so far raised $3bn (2.4bn) for its global open-ended core infrastructure fund, according to an investor. 33739B104 366575.00000000 NS USD 2862950.75000000 0.983530766868 Long EC RF US . We believe this strategy leads to value-added returns for our investors. Oops! As part of its dedicated Asia Pacific infrastructure strategy, launched in 2019, KKR has so far committed $1.8 billion across six investments. KKR Diversified Core Infrastructure Master Fund, Youre viewing 5 of 9 limited partners. Industry: Pooled Investment Fund (See others in industry) Address: Kohlberg Kravis Roberts & Co. L.P. 30 Hudson Yards, Suite 7500 New York, NY, 10001 Phone: (212) 750-8300 . Beatae cupiditate dolore doloremque dolorum, ducimus ea et fugiat impedit iure labore magnam, nisi quis repudiandae suscipit tempore vel voluptate? According to the McKinsey Global Institute, supporting projected levels of GDP growth will require $3.7 trillion of annual investment in global infrastructure between 2017 and 2035, which could increase by an additional $1 trillion annually to meet the United Nations sustainable development goals. KKR has a financial and/or control interest in, and provides certain services to the Drawbridge Fund and/or its sponsor, but KKR is not the investment advisor to the Drawbridge Fund or any portfolio investment of the Drawbridge Fund. These resource issues have created a heightened need for experienced private capital. The above outlines the characteristics that KKR would expect to seek in deals when executing deals for the KKR Diversified Core Infrastructure Fund. Previously listed on the London Stock Exchange and a member of the FTSE250, John Laing was taken private in 2021 by KKR's Diversified Core Infrastructure Fund (DCIF). Globally, infrastructure assets are in high demand and the case is similar in India. The Fund has a broad investment mandate across a number of infrastructure sectors and predominantly pursues assets with strong existing cash flows and attractive reinvestment opportunities for future growth. Click here. Your session has expired, please login again. At more than double the size of its predecessor, the success of KKR Global Infrastructure Investors IV speaks to the robust opportunities that we see in this asset class and to the confidence that our investors continue to place in our infrastructure team and our ability to deliver compelling risk-adjusted returns across a variety of market conditions, said Alisa Amarosa Wood, Global Head of Private Markets and Real Assets Product Strategies at KKR. Based in Mumbai, Swaraj Singh Dhanjal is responsible for Mints corporate news coverage. Brandon Donnenfeld, a Managing Director who leads capital raising and business development for KKRs infrastructure business, added: When we first launched our infrastructure investing business more than a decade ago, we did so with a distinctive strategy focused on downside protection, which has served us well in performing for our investors, particularly throughout the COVID-19 pandemic. You are just one step away from creating your watchlist! Cavnue, a company founded by Sidewalk Infrastructure Partners, selected to lead the project in partnership with the state of Michigan. Every day we update our PPP database and project finance database, with fresh PPP projects and PPP news, offering valuable information for PPP investor and PPP world in general. Kohlberg Kravis Roberts Co LP. All rights reserved. We believe this strategy leads to value-added returns for our investors. Recent investments in the strategy include Refresco, a leading global independent beverage manufacturer, CyrusOne, a premier global data center infrastructure provider, Ocean Yield, a European based maritime leasing company, and Atlantic Aviation, a leading fixed base operator of private aviation terminals and infrastructure assets across North America. KKR Diversified Core Infrastructure Fund (located in Allocation Global, Global) was purchased by a Sovereign Wealth Fund from United States on 01/05/2023 as a Fund Investment in the Infrastructure industry. This site uses cookies to provide you with a more responsive and personalized service. KKR has hit the final close of its $3.9 billion maiden infrastructure fund for Asia, KKR Asia Pacific Infrastructure Investors SCSp, the American private equity investor said on Monday. core infrastructure . The forward-looking statements are based on KKRs beliefs, assumptions and expectations of its future performance, taking into account all information currently available to it. KKR DIVERSIFIED CORE INFRASTRUCTURE FUND L.P. Company Number 3223127 Incorporation Date 10 July 2020 (over 2 years ago) Company Type Domestic Limited Partnership Jurisdiction Delaware (US) Registered Address New Castle, DE United States Agent Name MAPLES FIDUCIARY SERVICES (DELAWARE) INC Agent Address The fund has two seed investments financed by $650m from the investors in the fund and $1.7bn from co-investors. Click here to register, Not for publication, email or dissemination, IRA tax credits will usher in a new wave of ESG in America, Europeans American dream prompts DC Advisory to launch US infra team, Celebrating excellence: Infrastructure Investor Annual Awards 2022, DigitalBridge: People were just investing. Only logged in subscribers of this site will be able to access the shared article. Filings. In order to update the data, it is also necessary to extend the validity of the LEI number in the international GLEIF database. Facsimile: +1 (212) 750-0003 "h,&HTL2H0&E 4R H$m`3&F FP KKR & Co LP Q1 2021 Earnings Call May 4 . 1. Please check your spam or junk folder just in case. Filings. Additional information about factors affecting KKR, including a description of risks that may be important to a decision to purchase or sell any common or preferred stock of KKR & Co. Inc., can be found in KKR & Co. Inc.s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and its other filings with the SEC, which are available at www.sec.gov. This site uses cookies. Since 1996, we have invested over USD 195 billion in private equity, private debt, private real estate, and private infrastructure on behalf of our clients globally. It'll just take a moment. We will buy operating assets in sectors such as transportation, including roads, ports, and airports, renewables, oil and gas pipelines, electricity distribution and telecom infra, including data centres. The Fund's active industry exposures (which are a byproduct of stock selection) detracted as well as active individual stock exposures. A verification email is on its way to you. The UK-based infrastructure investor and developer will be split into a development company and an asset company should KKRs 2bn offer be accepted. Our Standards: The Thomson Reuters Trust Principles. We underwrite., First-time fortunes for emerging managers. Sectors will include utilities focused on the water, wastewater, electricity and natural gas distribution, digital infrastructure, renewable power, KKRs Infrastructure funds are managed by Raj Agrawal. KKR, a leading global investment firm, today announced the final closing of KKR Global Infrastructure Investors IV (the Fund), a $17 billion fund focused on pursuing global infrastructure investment opportunities with an emphasis on investments in OECD countries in North America and Western Europe. Debevoise & Plimpton LLP represented KKR as primary fund counsel for this fundraise. 2023 Kohlberg Kravis Roberts & Co. L.P. All Rights Reserved. This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. hb```r,B w``cT}C"P( 3c)Y\Yla=m[ Zn;i~Lv"% $ Lorem ipsum dolor sit amet, consectetur adipisicing elit. KKRs Asia infrastructure fund will look to create a diversified portfolio of core infrastructure assets, which generate annuity cash flows. Sovereign Investor Leadership Conference March 2023 New York, New York 10001. A link has been emailed to you - check your inbox. Information regarding the Drawbridge Fund accessed through the KKR Investor Portal is confidential and intended for Drawbridge Fund investors only. ( NEW YORK & LONDON(BUSINESS WIRE) News KKR rakes in $3bn capital for open-ended core infrastructure fund. KKR has hit the final close of its $3.9 billion maiden infrastructure fund for Asia, KKR Asia . These beliefs, assumptions and expectations can change as a result of many possible events or factors, not all of which are known to KKR or are within its control. Some of their recent investments include Canadian pipeline company Coastal GasLink, Florida-based renewables energy operator Nitrogen Renewables, and Indian power transmission developer IndiGrid Trust. %%EOF Widen out consumption to avert an income trap, Forget chatbots, this is how US companies are using AI. For the past eight years he has been writing on the biggest deals in private equity, venture capital, IPO market and corporate mergers and acquisitions. All three of the primary return drivers for the sleeve (proprietary core model, beta and dividend yield) contributed, with the proprietary core model contributing the most, followed by beta and dividend yield. By clicking OK below, I acknowledge that I have read and understood the following important information: Access to the KKR Investor Portal is provided to investors in Drawbridge Realty Partners, L.P. (the Drawbridge Fund) by Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, KKR) solely in KKRs capacity as an administrator to the Drawbridge Fund and at the direction of Drawbridge Realty (Drawbridge). KKR has secured the first European asset for its new open-ended core infrastructure fund with the acquisition of a 40 percent stake in Caruna, Finland's largest electricity distribution company. Drawbridge is an independently managed real estate investment vehicle. Win whats next. All forward-looking statements speak only as of the date they are made. ", Copyright 2022 HT Digital Streams Ltd All Right Reserved. %PDF-1.6 % Get the full list, To view KKR Diversified Core Infrastructure Master Funds complete team members history, request access, Morningstar Institutional Equity Research. Date Filing Type Reported Sold Incremental Cash Type Exemptions 04014F102 165062.00000000 NS USD 1913068.58000000 0.657210679421 Long EC RF US N 1 N N N KKR Income Opportunities Fund . Accusamus fuga nesciunt quos. KKR offer effectively splits John Laing in two, II Debt 30: The largest infra credit GPs raise over $139bn, Best Practice in Infrastructure Asset Management, Managing Risk in Infrastructure Investments, IRA tax credits will usher in a new wave of ESG, Infrastructure Investor Global Summit 2023. https://www.businesswire.com/news/home/20220314005151/en/. KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. We look to use these investments to generate current income and capital appreciation for investors in our funds. Infrastructure is a distinct asset class, making selection, based on a variety of factors, critically important. The assets are wind and solar properties in the US and an electricity distribution centre in Finland. Energy - Transport - Water & Waste - Telecom & I.C.T. We think Asia Pacific infrastructure is a major opportunity for KKR, which already had a large private markets business in Asia, while our global infrastructure business was largely focused on the US and Europe. Secure income strategies: How secure is secure? KKRs third and second infrastructure funds have generated 0.97 times and 1.49 times respectively of their investors money as of March 2020, according to the New York City Police Pension Fund. Address. [form_session_id] => P5d6pu-eUPn9-JKRQw4Bufsm1nNgRWHBUA519qOlzIE Don't have an account? KKR established its Global Infrastructure strategy in 2008 and has since been one of the most active infrastructure investors around the world with a team of approximately 75 dedicated investment professionals. KKR Diversified Core Infrastructure Master Fund B SCSP; Firm: Fund # CIK # 0001933577: Sale: Fund: Phone: 2127508300: Address: Kohlberg Kravis Roberts Co LP New York, New York 10001: Source KKR is partnering Equitix to jointly own John Laings existing asset portfolio post-acquisition, New funding will accelerate fibre broadband rollout across the US, $15.5bn US pension fund backsKKR Diversified Core Infrastructure Fund, M7 executive chairman Croftto step down;Rosengrenjoins KlaraBoas CFO, Fundraising details for Carlyle Europe Realty are currently unknown, Graham Burnett to retire from UK pension fund after leading property team since 2006, Copyright 19972023 IPE International Publishers Limited, Registered in England, Reg No. The fund targets to invest in infrastructure sector with investments ranging between USD 250 million and USD 750 million and invests globally. KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. Email: Investor-Relations@kkr.com. Cara Major or Julia Kosygina KKR Diversified Core Infrastructure Fund (A) SCSp B245499 Important notice . In addition, KKRs business strategy is focused on the long-term and financial results are subject to significant volatility. KKR Diversified Core Infrastructure Fund (B) SCSp B245498 Important notice . KKR's third and second infrastructure funds have generated 0.97 times and 1.49 times respectively of their investors' money as of March 2020, according to the New York City Police Pension Fund. KKR Diversified Core Infrastructure Master Fund is an infrastructure core fund managed by Kohlberg Kravis Roberts. 0 2021-05-26T13:19:00Z. Telephone: +1 (877) 610-4910 . Not the case? The fund targets to invest in infrastructure sector with investments ranging between USD 250 million and USD 750 million and invests globally. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight recently . No person should rely upon the past performance or reputation of KKR or its investment products when considering any security offered by the Drawbridge Fund or Drawbridge. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. ). [Current_Location] => BD You are now subscribed to our newsletters. The fund will invest in India, South Korea, South East Asia, Japan, China, and Australia, Shah said. Your inbox capital appreciation for investors in our funds Mints corporate news coverage, Copyright HT! Are wind and solar properties in the US and an asset company should KKRs 2bn offer be.. Asia infrastructure fund fugiat impedit iure labore magnam, nisi quis repudiandae tempore. 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