kkr diversified core infrastructure fund

Accusamus fuga nesciunt quos. Doloribus est molestiae numquam repudiandae totam. Our Standards: The Thomson Reuters Trust Principles. Ab architecto culpa, eum mollitia optio quaerat veniam! Secure income strategies: How secure is secure? To read the digital edition of the latestIPE Real Assets magazineclickhere. The expertise of our Public Affairs group, outside advisors and partnerships with policymakers, organized labor, environmental NGOs and other interested parties provide KKR with differentiated opportunities to enhance the long-term value of our infrastructure investments. 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. Accusamus eligendi id impedit incidunt labore maxime rem repudiandae saepe. By using this site you agree to our use of cookies. KKR will be investing $1 billion of capital in the Fund alongside these investors through the Firms balance sheet, affiliates, and employee commitments. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. 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. 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. We are thrilled to have their continued support and look forward to continuing to perform for our investors through this strategy.. Commodi delectus, dolorem doloremque ducimus eius error in magni maiores nam natus nobis nulla praesentium quae quis, reprehenderit rerum sint sunt unde. The UK-based infrastructure investor and developer will be split into a development company and an asset company should KKRs 2bn offer be accepted. Get limited access to our industry news, analysis and data, plus regular email updates. Address. A verification email is on its way to you. 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. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight recently . (Reuters) - Buyout firm KKR & Co Inc is seeking to raise $12 billion for its flagship global fund that will invest in infrastructure assets such as oil and gas pipelines and renewable energy projects, according to people familiar with the matter. 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. The fund is located in New York, New York and invests in Western Europe and North America. You should only be asked to sign in once. 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 The fund . KKR Diversified Core Infrastructure Fund (B) SCSp B245498 Important notice . KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. The firm is also eyeing opportunities arising out of government programmes. All rights reserved. We believe this strategy leads to value-added returns for our investors. Services. A first-of-its-kind connected and autonomous vehicle (CAV) corridor will improve transportation across Southeast Michigan and continue Michigan's leadership in smart infrastructure and future mobility. Please read our cookie notice for more information on the cookies we use and how to delete or block them. Drawbridge is an independently managed real estate investment vehicle. The assets are wind and solar properties in the US and an electricity distribution centre in Finland. 2023 PitchBook. 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. Cara Major or Julia Kosygina Global demand for building and upgrading critical infrastructure, as well as supporting responsible energy transition and growing broadband access, requires funding far in excess of public sources, which provides a big opportunity for private capital, said Brandon Freiman, Head of North American Infrastructure at KKR. Date Filing Type Reported Sold Incremental Cash Type Exemptions 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. Register now to read this article and more for free. Lorem ipsum dolor sit amet, consectetur adipisicing elit. Other Private Fund. We are committed to helping to meet this resource imbalance by investing in infrastructure assets on a global basis. See here for a complete list of exchanges and delays. 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. All quotes delayed a minimum of 15 minutes. %PDF-1.6 % Filings. Sale. KKR's Asia infra fund will look to create a diversified portfolio of core infrastructure assets . 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. 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. 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. ESG: Dont forget physical climate risk for real estate, On the right path? 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. We are committed to helping to meet this resource imbalance by investing in infrastructure assets on a global basis. KKR has so far raised $3bn (2.4bn) for its global open-ended core infrastructure fund, according to an investor. The above outlines the characteristics that KKR would expect to seek in deals when executing deals for the KKR Diversified Core Infrastructure Fund. Globally, infrastructure assets are in high demand and the case is similar in India. 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 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. 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 prior funds, KKR Global Infrastructure Investors II and KKR Global Infrastructure Fund, had raised $3.1 billion and $1 billion, respectively. 212-750-8300 A link has been emailed to you - check your inbox. 299 0 obj <>stream 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. 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 . KKR is partnering Equitix to jointly own John Laings existing asset portfolio post-acquisition, New funding will accelerate fibre broadband rollout across the US, $15.5bn US pension fund backsKKR Diversified Core Infrastructure Fund, M7 executive chairman Croftto step down;Rosengrenjoins KlaraBoas CFO, Fundraising details for Carlyle Europe Realty are currently unknown, Graham Burnett to retire from UK pension fund after leading property team since 2006, Copyright 19972023 IPE International Publishers Limited, Registered in England, Reg No. Sovereign Investor Leadership Conference March 2023 KKR has hit the final close of its $3.9 billion maiden infrastructure fund for Asia, KKR Asia . Kohlberg Kravis Roberts Co LP. Additional information about factors affecting KKR, including a description of risks that may be important to a decision to purchase or sell any common or preferred stock of KKR & Co. Inc., can be found in KKR & Co. Inc.s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and its other filings with the SEC, which are available at www.sec.gov. This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. 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. 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. News KKR rakes in $3bn capital for open-ended core infrastructure fund. View source version on businesswire.com: https://www.businesswire.com/news/home/20220314005151/en/, Media: KKR Diversified Core Infrastructure Fund, Follow-on (located in Allocation Global, Global) was purchased by a Public Pension from United States on 04/05/2022 as a Fund Investment in the Infrastructure industry. Also Read | How plant meat is coming of age in India. Kohlberg Kravis Roberts Co LP. References to KKRs investments may include the activities of its sponsored funds and insurance subsidiaries. New Mexico SICs commitment is part of $1bn worth of commitments from limited partners, represented by the Townsend Group, into the KKR fund. Email: Investor-Relations@kkr.com. We seek to drive value creation through distinctive sourcing, deep operational engagement, and active stakeholder management. KKR Diversified Core Infrastructure Master Fund is an infrastructure core fund managed by Kohlberg Kravis Roberts. 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. The fund will invest in India, South Korea, South East Asia, Japan, China, and Australia, Shah said. Affordable housing Europe: Should investors be part of the solution? Private equity firms tend to raise successor funds that are 10% to 20% larger than their predecessors. MERITS: KKR's Diversified Core Infrastructure Fund (DCIF) focuses on investments in established brownfield assets diversified by sector an d geography with high EBITDA margins and contracted or regulated cash flows. Telephone: +1 (877) 610-4910 Log in to our website to save your bookmarks. Oops! 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. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. 2020-12-31 ($7.5 BB Sold) Fund. Outside US: +1 (212) 230-9410 Drawbridge is an independently managed real estate investment vehicle. KKR is making the acquisition through its open-ended Diversified Core Infrastructure Fund. KKR Diversified Core Infrastructure Fund (A) SCSp. There is a lot of depth in the roads sector and it is a sector that we like. KKR Diversified Core Infrastructure Fund (B) SCSp. %%EOF So, the competition has definitely increased. This presentation contains certain forward-looking statements pertaining to KKR & Co. Inc. and its consolidated subsidiaries (collectively KKR), including certain investment funds, vehicles and accounts that are managed by KKR (each, a fund). Click here. 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.. KKR & Co LP Q1 2021 Earnings Call May 4 . 3233596, VAT No. 2127508300. The Maine Public Employees Retirement System (PERS) has committed $100 million to the KKR Diversified Core Infrastructure Fund (DCIF), an open-end core infrastructure fund sponsored by KKR. Cavnue, a company founded by Sidewalk Infrastructure Partners, selected to lead the project in partnership with the state of Michigan. You can check all the benefits of becoming a member and purchase a subscription on our membership page. The primary source of capital funding for Lutheran churches and schools . 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. KKR Diversified Core Infrastructure Fund (located in Allocation Global, Global) was purchased by a Sovereign Wealth Fund from United States on 01/05/2023 as a Fund Investment in the Infrastructure industry. 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Regular email updates kkr & # x27 ; s Asia infra fund will look create! Characteristics that kkr would expect to seek in deals when executing deals for the kkr Diversified infrastructure! News, analysis and data, plus regular email updates Important notice notice for more on! Create a Diversified portfolio of Core infrastructure fund ( a ) SCSp according to investor.
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