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 . Welcome to IPE Real Assets. https://www.businesswire.com/news/home/20220314005151/en/. Get limited access to our industry news, analysis and data, plus regular email updates. All forward-looking statements speak only as of the date they are made. We ask for most of the necessary data from the Companies Register, and it only takes a few . 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. KKR Diversified Core Infrastructure Fund (A) SCSp. 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. Read our policy. You are now subscribed to our newsletters. 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. Direct links to the EDGAR source material. Information regarding the Drawbridge Fund accessed through the KKR Investor Portal is confidential and intended for Drawbridge Fund investors only. %%EOF Sovereign Investor Leadership Conference March 2023 The fund has two seed investments financed by $650m from the investors in the fund and $1.7bn from co-investors. The fund . KKR is making the acquisition through its open-ended Diversified Core Infrastructure Fund. 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. Sovereign Investor Leadership Conference March 2023 We believe this strategy leads to value-added returns for our investors. 288 0 obj <>/Filter/FlateDecode/ID[<5BB66AE52C85B44A8570C1BA474854E1><5687444EFDF18C4793132814656659ED>]/Index[266 34]/Info 265 0 R/Length 111/Prev 195547/Root 267 0 R/Size 300/Type/XRef/W[1 3 1]>>stream 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. 266 0 obj <> endobj PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. Energy - Transport - Water & Waste - Telecom & I.C.T. Sale. 2127508300. Address. The firm currently oversees approximately $40 billion in infrastructure assets globally and has made approximately 65 infrastructure investments across a range of sub-sectors and geographies. The fundraising comes as President Joe Biden has been pushing U.S. lawmakers to back a plan for trillions of dollars in new spending on projects to restore Americas crumbling infrastructure. We believe this strategy leads to value-added returns for our investors. New Mexico SICs commitment is part of $1bn worth of commitments from limited partners, represented by the Townsend Group, into the KKR fund. 2022 Kohlberg Kravis Roberts & Co. L.P. All Rights Reserved. We seek to generate strong returns through capitalizing on thematic growth trends and transforming attractive businesses . KKR has hit the final close of its $3.9 billion maiden infrastructure fund for Asia, KKR Asia . We started raising the fund in mid 2019 and in our first attempt we have raised the largest corpus for such a strategy. The assets are wind and solar properties in the US and an electricity distribution centre in Finland. Copyright HT Digital Streams Limited All rights reserved. The fund targets to invest in infrastructure sector with investments ranging between USD 250 million and USD 750 million and invests globally. If a change occurs, KKRs business, financial condition, liquidity and results of operations, including but not limited to, assets under management, fee paying assets under management, after-tax distributable earnings, capital invested, syndicated capital, uncalled commitments, cash and short-term investments, fee related earnings, fee and yield segment EBITDA, core interest expense and book value, may vary materially from those expressed in the forward-looking statements. 299 0 obj <>stream In addition, KKRs business strategy is focused on the long-term and financial results are subject to significant volatility. This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. KKR Diversified Core Infrastructure Fund (DCIF) focuses on investments in established brownfield assets diversified by sector and geography with high EBITDA margins and contracted or regulated cash fl Lorem ipsum dolor sit amet, consectetur adipisicing elit. KKR will be investing $1 billion of capital in the Fund alongside these investors through the Firms balance sheet, affiliates, and employee commitments. 1. But KKRs latest global infrastructure fund would be significantly bigger than KKR Global Infrastructure Investors III, which amassed $7.4 billion from investors in 2018. 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. 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. 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. NEW YORK & LONDON - (BUSINESS WIRE)- 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 . And performance in our flagship fund has been even stronger, up 28% for the quarter and up almost 80% over the last 12 months. Menu. 2021-05-26T13:19:00Z. New Mexico SIC told IPE Real Assets that the commitment to the fund was a good complement to the sovereign wealth funds existing infrastructureportfolio which previously had a slightly riskier strategy. Fund description 69346N107 188986.00000000 NS USD 2823450.84000000 0.969961068970 Long EC RF US N 1 N N N MainStay CBRE Global Infrastructure Megatrends Fund . A link has been emailed to you - check your inbox. Beatae, voluptate! KKR's Asia infra fund will look to create a diversified portfolio of core infrastructure assets . 33739B104 366575.00000000 NS USD 2862950.75000000 0.983530766868 Long EC RF US . The UK-based infrastructure investor and developer will be split into a development company and an asset company should KKRs 2bn offer be accepted. Infrastructure is a distinct asset class, making selection, based on a variety of factors, critically important. Accusamus fuga nesciunt quos. Array Oops! KKR Diversified Core Infrastructure Fund (located in Allocation Global, Global) was purchased by a Public Pension from United States on 09/10/2021 as a Fund Investment in the Infrastructure industry. 2020-12-31 ($7.5 BB Sold) Fund. We look to use these investments to generate current income and capital appreciation for investors in our funds. KKR has so far raised $3bn (2.4bn) for its global open-ended core infrastructure fund, according to an investor. Our long history of value creation, coupled with our substantial investment in people, processes and resources to drive operational improvement, positions us to create value in infrastructure assets. So, the competition has definitely increased. 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). Subscription; Membership; 2023 PitchBook. 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. Telephone: +1 (877) 610-4910 The latest news and business opportunities, Hospitality Investment& Financing Community, 2023 Copyright Aninver Development Partners, S.L. Sovereign Investor Leadership Conference March 2023 The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. Beatae cupiditate dolore doloremque dolorum, ducimus ea et fugiat impedit iure labore magnam, nisi quis repudiandae suscipit tempore vel voluptate? KKR Diversified Core Infrastructure Fund (B) SCSp B245498 Important notice . ", Copyright 2022 HT Digital Streams Ltd All Right Reserved. Services. Date Filing Type Reported Sold Incremental Cash Type Exemptions We underwrite., First-time fortunes for emerging managers. 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. 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. Sovereign Investor Leadership Conference March 2023. endstream endobj 267 0 obj <. A verification email is on its way to you. In order to view this content, you must have a full subscription or a funds subscription. Date Filing Type Reported Sold Incremental Cash Type Exemptions Link to Raw Filing; 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. 04014F102 165062.00000000 NS USD 1913068.58000000 0.657210679421 Long EC RF US N 1 N N N KKR Income Opportunities Fund . Before viewing this presentation, please acknowledge your understanding that it has been prepared for KKR & Co. Inc. (NYSE:KKR) for the benefit of its public stockholders and is not intended to be a solicitation or sale of any of the securities, funds or services that it may discuss. Looks like you have exceeded the limit to bookmark the image. KKRs Infrastructure funds are managed by Raj Agrawal. 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. Commodi delectus, dolorem doloremque ducimus eius error in magni maiores nam natus nobis nulla praesentium quae quis, reprehenderit rerum sint sunt unde. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. %PDF-1.6 % The following factors, among others, could cause actual results to vary from the forward-looking statements: whether KKR realizes all or any of the anticipated benefits from converting to a corporation and the timing of realizing such benefits; whether there are increased or unforeseen costs associated with the conversion, including any adverse change in tax law; the volatility of the capital markets; the general volatility of the capital markets; failure to realize the benefits of or changes in KKRs business strategies including the ability to realize the anticipated synergies from acquisitions or strategic partnerships or other transactions; availability, terms and deployment of capital; availability of qualified personnel and expense of recruiting and retaining such personnel; changes in the asset management industry, interest rates or the general economy; underperformance of KKR's investments and decreased ability to raise funds; and the degree and nature of KKRs competition. KKR Diversified Core Infrastructure Fund (located in Allocation Global, Global) was purchased by a Public Pension from United States on 07/14/2021 as a Fund Investment in the Infrastructure industry. 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. 2127508300. 212-750-8300 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. Other Private Fund. Get the full list, To view KKR Diversified Core Infrastructure Master Funds complete team members history, request access, Morningstar Institutional Equity Research. The LEI number of your company has expired! Filings. 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). You should only be asked to sign in once. We are committed to helping to meet this resource imbalance by investing in infrastructure assets on a global basis. The recipient should not distribute this Communication to any person (other than its legal, investment or tax advisors) without the prior consent of Drawbridge. The KKR Approach: A Value-Added Investment Strategy Disciplined investment selection Distinctive sourcing and structuring Deep operational engagement We are thrilled to have their continued support and look forward to continuing to perform for our investors through this strategy.. Address. Cara Major or Julia Kosygina India is a key market for this fund, though it doesnt have hard geographic allocations, he said. You should only be asked to sign in once. A link has been emailed to you - check your inbox. KKR Diversified Core Infrastructure Fund (located in Allocation Global, Global) was purchased by a Public Pension from United States on 04/28/2022 as a Fund Investment in the Infrastructure industry. In order to update the data, it is also necessary to extend the validity of the LEI number in the international GLEIF database. Not the case? 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 Fund (located in Allocation Global, Global) was purchased by a Safety Pension from United States on 04/01/2021 as a Fund Investment in the Infrastructure industry. These resource issues have created a heightened need for experienced private capital. According to meeeting documents of the Massachusetts' Marlborough Retirement System, DCIF reached a first close of $1 billion in December and as of April had already invested or committed roughly 90 percent of that amount in two deals. Download the Mint app and read premium stories. Please check your spam or junk folder just in case. KKR Diversified Core Infrastructure Fund SBS LP; Firm: Fund # CIK # 0001918583: Sale: Fund: Phone: 2127508300: Address: Kohlberg Kravis Roberts Co LP New York, New York 10001: Source: Fund AUM and Sold ($) 1.0 0.8 0.6 0.4 0.2 0.0 2011 2015 2019 2023: Fund Details; Director: Custodian: Auditor: Marketer: Broker: Jurisdiction: Directors Sectors will include utilities focused on the water, wastewater, electricity and natural gas distribution, digital infrastructure, renewable power, Consistent with KKRs risk-based approach to infrastructure investing, the Fund will focus on critical infrastructure investments with low volatility and strong downside protection where KKR believes it can achieve attractive risk-adjusted returns by leveraging its experienced team, risk-based strategy, long track record of operational value creation, and global network of industry experts. 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Our industry news, analysis and data, plus regular email updates to meet this resource imbalance by investing infrastructure.