KKR Breaks Record with $6.4b Raised for latest Asian Infrastructure Fund

Private equity giant KKR has successfully secured a staggering $6.4 billion for its latest Asian infrastructure fund, marking a triumph amidst a broader private equity fundraising deceleration. This achievement elevates KKR's Asian infrastructure assets under management to $13 billion, fueled by a second fund expansion. Noteworthy is the strategic move to sidestep China, directing investments towards burgeoning markets such as India and southeast Asia. The surge in private equity interest in infrastructure reflects a broader trend, with firms capitalizing on opportunities in energy transition and digitalization. Investors are drawn to the stability and long-term returns offered by this asset class amid heightened global volatility.