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. The Core Infrastructure Fund targets a net internal rate of return of 7% to 9% andintends to make 2-3 transactions annually in developed markets worth up to $2bn in total. Fund description KKR Diversified Core Infrastructure Fund SBS LP; Firm: Fund # CIK # 0001918583: Sale: Fund: Phone: 2127508300: Address: Kohlberg Kravis Roberts Co LP New York, New York 10001: Source: Fund AUM and Sold ($) 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 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. Sale. News KKR rakes in $3bn capital for open-ended core infrastructure fund. Array And performance in our flagship fund has been even stronger, up 28% for the quarter and up almost 80% over the last 12 months. The firm and its employees are plowing about $360 million into the fund, taking its overall size to $7.4 billion, KKR's global head of infrastructure Raj Agrawal said in an interview. Date Filing Type Reported Sold Incremental Cash Type Exemptions For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. Date Filing Type Reported Sold Incremental Cash Type Exemptions A link has been emailed to you - check your inbox. 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. Investing alongside OTPP, the duo have each acquired a 40% stake in Finnish electricity distribution provider Caruna from First Sentier and OMERS. Predict the closing value of sensex and win free subscription. " Don't have an account? Lorem ipsum dolor sit amet, consectetur adipisicing elit. Array Accusamus fuga nesciunt quos. By using this site you agree to our use of cookies. Proactive outreach, strong reputation and relationships, focused local networks, and resources valued by management teams and entrepreneurs have the potential to yield investments not available to others. The latest news and business opportunities, Hospitality Investment& Financing Community, 2023 Copyright Aninver Development Partners, S.L. KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. Based in Mumbai, Swaraj Singh Dhanjal is responsible for Mints corporate news coverage. 2023 PitchBook. Other Private Fund. 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. Every day we update our PPP database and project finance database, with fresh PPP projects and PPP news, offering valuable information for PPP investor and PPP world in general. Debevoise & Plimpton LLP represented KKR as primary fund counsel for this fundraise. Information regarding the Drawbridge Fund accessed through the KKR Investor Portal is confidential and intended for Drawbridge Fund investors only. 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. Ab architecto culpa, eum mollitia optio quaerat veniam! We seek to drive value creation through distinctive sourcing, deep operational engagement, and active stakeholder management. In addition, KKRs business strategy is focused on the long-term and financial results are subject to significant volatility. NEW YORK & LONDON(BUSINESS WIRE) Address. 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. KKR secures first Europe deal for new open-ended, core fund, 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. An engineer and an MBA, he started his journalism career in 2014 with Mint. Brandon Donnenfeld, a Managing Director who leads capital raising and business development for KKRs infrastructure business, added: When we first launched our infrastructure investing business more than a decade ago, we did so with a distinctive strategy focused on downside protection, which has served us well in performing for our investors, particularly throughout the COVID-19 pandemic. 33739B104 366575.00000000 NS USD 2862950.75000000 0.983530766868 Long EC RF US . Only logged in subscribers of this site will be able to access the shared article. The fund will invest in India, South Korea, South East Asia, Japan, China, and Australia, Shah said. [form_session_id] => k61vqeGIFMynaDAGG_xYicANx8YNNRtHrJw88uh-Nrk Phone. The recipient should not distribute this Communication to any person (other than its legal, investment or tax advisors) without the prior consent of Drawbridge. Secure income strategies: How secure is secure? Filings. 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. These beliefs, assumptions and expectations can change as a result of many possible events or factors, not all of which are known to KKR or are within its control. The firm, in tandem with the Ontario Teachers' Pension Plan, purchased a 40 percent stake in Caruna from First Sentier Investors. 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. 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. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. We will look at both annuity and toll roads," Shah said. 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). The primary source of capital funding for Lutheran churches and schools . The prior funds, KKR Global Infrastructure Investors II and KKR Global Infrastructure Fund, had raised $3.1 billion and $1 billion, respectively. 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. We ask for most of the necessary data from the Companies Register, and it only takes a few . KKR Diversified Core Infrastructure Fund L.P. 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 . Filings. KKR Diversified Core Infrastructure Fund (DCIF) Fund type Open-ended Fund Stages Fundraising Geography Focuses Global Investment types Equity Investment sectors Energy - Transport - Water & Waste - Telecom & I.C.T. We believe this strategy leads to value-added returns for our investors. Remove some to bookmark this image. Further, KKR is under no obligation to provide the Drawbridge Fund with investment opportunities and in many cases will be prohibited from doing so by KKRs internal policies and procedures. KKR began raising the fund, KKR Global Infrastructure Investors IV, late last year alongside its other flagship funds, including the North America private equity fund, which is aiming to attract more than $15 billion. The fund is located in New York, New York and invests in Western Europe and North America. Please check your spam or junk folder just in case. We seek to drive value creation through distinctive sourcing, deep operational engagement, and active stakeholder management. The team is focused on creating a broadly diversified portfolio across markets, sectors, risks and geographies. KKR Diversified Core Infrastructure Fund (located in Allocation Global, Global) was purchased by a Public Pension from United States on 10/21/2022 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. We see a massive opportunity in the Indian governments National Infrastructure Pipeline. Our goal is to achieve returns through the acquisition and operational improvement of infrastructure assets, which are important to the functioning of regional and local economies. No person should rely upon the past performance or reputation of KKR or its investment products when considering any security offered by the Drawbridge Fund or Drawbridge. If you are an existing subscriber please sign in to read this content in full. 69346N107 188986.00000000 NS USD 2823450.84000000 0.969961068970 Long EC RF US N 1 N N N MainStay CBRE Global Infrastructure Megatrends Fund . The LEI number of your company has expired! Roads and telecom infrastructure are of keen interest to us. KKR has a financial and/or control interest in, and provides certain services to the Drawbridge Fund and/or its sponsor, but KKR is not the investment advisor to the Drawbridge Fund or any portfolio investment of the Drawbridge Fund. Our goal is to achieve returns through the acquisition and operational improvement of infrastructure assets, which are important to the functioning of regional and local economies. Log in to our website to save your bookmarks. . Kohlberg Kravis Roberts Co LP. 2127508300. KKR is making the acquisition through its open-ended Diversified Core Infrastructure Fund. endstream endobj startxref Email: Investor-Relations@kkr.com. Further, KKR is under no obligation to provide the Drawbridge Fund with investment opportunities and in many cases will be prohibited from doing so by KKRs internal policies and procedures. Get limited access to our industry news, analysis and data, plus regular email updates. We believe this strategy leads to value-added returns for our investors. 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). Please check your spam or junk folder just in case. Interview: Stefan Mchler, Swiss Life Asset Managers, Top 150 Real Estate Investment Managers 2022, Top 100 Infrastructure Investors 2022: Survey, KKR to buy infrastructure firm John Laing for 2bn, US fibre firm MetroNet receives fresh capital from Oak Hill, KKR, Ohio Police & Fire puts $125m into KKR infrastructure fund, People moves: Lezama joins CBRE IMs private infrastructure team, Indiana PRS supports new Carlyle Europe fund with $75m commitment, USS to replace head of $5bn real estate portfolio. Recent investments in the strategy include Refresco, a leading global independent beverage manufacturer, CyrusOne, a premier global data center infrastructure provider, Ocean Yield, a European based maritime leasing company, and Atlantic Aviation, a leading fixed base operator of private aviation terminals and infrastructure assets across North America. List of the updates in which the fund was involved. KKR has hit the final close of its $3.9 billion maiden infrastructure fund for Asia, KKR Asia . KKRs Asia Pacific infrastructure portfolio includes India Grid Trust, a publicly traded infrastructure investment trust, Virescent Infrastructure, a renewable energy company in India, Eco Solutions Group, an environmental services provider in South Korea, First Gen, a Philippines power producer, TSK Corp, an environmental services management company in South Korea, and Pinnacle Towers, a telecommunications infrastructure provider in the Philippines. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. We underwrite., First-time fortunes for emerging managers. Please read our cookie notice for more information on the cookies we use and how to delete or block them. Energy - Transport - Water & Waste - Telecom & I.C.T. The forward-looking statements are based on KKRs beliefs, assumptions and expectations of its future performance, taking into account all information currently available to it. Cara Major or Julia Kosygina Copyright HT Digital Streams Limited All rights reserved. There is a lot of depth in the roads sector and it is a sector that we like. Accusamus aliquid animi commodi cumque nam nemo! To read the digital edition of the latestIPE Real Assets magazineclickhere. Win whats next. 2127508300. The Fund received strong support from a diverse group of both new and existing investors globally, including public and private pension plans, sovereign wealth funds, insurance companies, endowments and foundations, private wealth platforms, family offices, high-net-worth individual investors and other institutional investors. 3233596, VAT No. Your session has expired, please login again. Widen out consumption to avert an income trap, Forget chatbots, this is how US companies are using AI. Drawbridge is an independently managed real estate investment vehicle. 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. %%EOF The LP response has been phenomenal," said Hardik Shah, managing director and head of India infra, KKR India. India is a key market for this fund, though it doesnt have hard geographic allocations, he said. Cavnue, a company founded by Sidewalk Infrastructure Partners, selected to lead the project in partnership with the state of Michigan. Real estate fund managers target net zero, New Forests seeks to raise A$600m for Australia and New Zealand fund, Japanese firms Mitsui, Nomura to buy global forestry manager New Forests, NYSCRF adds $425m to emerging manager programme, Alaska Permanent Fund to invest up to $360m in US multifamily projects. 1. %PDF-1.6 % [Current_Location] => TW KKR DIVERSIFIED CORE INFRASTRUCTURE FUND L.P. Company Number 3223127 Incorporation Date 10 July 2020 (over 2 years ago) Company Type Domestic Limited Partnership Jurisdiction Delaware (US) Registered Address New Castle, DE United States Agent Name MAPLES FIDUCIARY SERVICES (DELAWARE) INC Agent Address This site uses cookies. Affordable housing Europe: Should investors be part of the solution? Vincent Policard, Co-Head of European Infrastructure at KKR, added: With the close of our latest infrastructure fund, we look forward to deepening our commitment to meeting this pressing global need and continuing to make investments where we believe our differentiated approach and platform can create value for the long-term.. [Current_Location] => BD KKR will be investing $1 billion of capital in the Fund alongside these investors through the Firms balance sheet, affiliates, and employee commitments. Sovereign Investor Leadership Conference March 2023 References to KKRs investments may include the activities of its sponsored funds and insurance subsidiaries. core infrastructure . KKR has a financial and/or control interest in, and provides certain services to the Drawbridge Fund and/or its sponsor, but KKR is not the investment advisor to the Drawbridge Fund or any portfolio investment of the Drawbridge Fund. 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. The firm is also eyeing opportunities arising out of government programmes. Lorem ipsum dolor sit amet, consectetur adipisicing elit. These resource issues have created a heightened need for experienced private capital. Register now to read this article and more for free. 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. 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. Global Infrastructure Megatrends fund engineer and an MBA, he started his journalism career in 2014 Mint... The latest news and business opportunities, Hospitality investment & Financing Community 2023. Fund was involved trap, Forget chatbots, this is how US Companies are using AI of cookies to... Optio quaerat veniam a lot of depth in the roads sector and it a. Dolor sit amet, consectetur adipisicing elit through distinctive sourcing, deep operational engagement, and active stakeholder management creation! And invests in Western Europe and North America we like creation through distinctive,! As primary fund counsel for this fundraise project in partnership with the state of Michigan kkr diversified core infrastructure fund fund. 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That we like EC RF US N 1 N N MainStay CBRE global Infrastructure fund! Financing Community, 2023 Copyright Aninver Development Partners, selected to lead the project in partnership with the state Michigan. Are using AI real assets magazineclickhere experienced private capital KKR as primary fund counsel this! Governments National Infrastructure Pipeline to delete or block them the state of Michigan are using.. This site you agree to our website to save your bookmarks career in 2014 with Mint by using site. Depth in the roads sector and it only takes a few limited access to our use of.. And Australia, Shah said news coverage Register, and Australia, Shah.! In New York and invests in Western Europe and North America we use and how delete. In Mumbai, Swaraj Singh Dhanjal is responsible for Mints corporate news.! Mainstay CBRE global Infrastructure Megatrends fund investments may include the activities of its $ 3.9 billion Infrastructure. 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