KKR & Co is planning to invest a significant portion of its new $6.4 billion Asia-focused fund in the Indian infrastructure sector, including roads, highways, and renewables. The New York-based private equity major has already invested $3 billion in the Indian infrastructure space as part of its total $10 billion investment in the country.
The Asia Pacific Infrastructure Investors II Fund, which closed on February 1, has identified India, South Korea, Southeast Asia, Japan, Australia, and New Zealand for the deployment of funds. “Our first Asia fund invested approximately 30 per cent of its $3.9 billion corpus in the Indian infrastructure sector,