The U.S based leading investment company KKR on Sunday said, “It has raised $3.9 billion in its final close of maiden Asian Infrastructure focused fund.”
KRR in its statement said, “KKR Asia-Pacific Infrastructure Investors SCSp has closed a $3.9 billion fund that is focused on infrastructure-related investments across the Asia Pacific.”
Speaking on the fundraise, Ming Lu, Head of KKR Asia Pacific said, “We believe that the Asia Pacific contains some of the most favorable macroeconomic dynamics in the world and that the region is expected to account for more than half of the world’s economic growth in the coming years.”
“However, the demand to develop or upgrade critical infrastructure assets outpaces the available public funding in many markets. Private capital is playing an increasingly important role to fill the gap in the region, and through our new fund, KKR is committed to investing in essential infrastructure solutions over a long-term horizon,” he added.
