KKR closes Asia Pacific Infrastructure Fund at US$3.9 billion

KKR, a leading global investment firm, announced the final close of KKR Asia Pacific Infrastructure Investors SCSp (Fund), a US$3.9 billion fund focused on infrastructure-related investments across the Asia Pacific.

The Fund has a broad investment mandate across both emerging and developed the Asia Pacific, in sectors, including waste, renewables, power and utilities, telecommunications, and transportation infrastructure.

At the time of close, the Fund reached its hard cap to become the largest pan-regional infrastructure fund to have been raised for the Asia Pacific. The Fund’s size aligns with KKR’s expectations for infrastructure deal flow in the region through the long-term horizon. KKR invested approximately US$300 million in the capital alongside external investors through its balance sheet and employee commitments.

The Fund, which was significantly oversubscribed and closed at its hard cap, received strong backing from a diverse group of prominent global infrastructure investors, including public and corporate pensions, sovereign wealth funds, insurance companies, endowments, private banking platforms, family offices, and high net worth individual investors.

Debevoise & Plimpton LLP represented KKR as primary fund counsel for this fundraise.