KKR raises $3.9 billion debut Asia Pacific Infrastructure Fund

MUMBAI: KKR, a leading global investment firm, raised a corpus of $3.9 billion for KKR Asia Pacific Infrastructure Investor, a fund focused on infrastructure-related investments across Asia Pacific.

“We believe that 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,” said Ming Lu, Head of KKR Asia Pacific.

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, Ming Lu added.