kkr diversified core infrastructure fund
Multibagger stock rallies over 116% in 10 months since Who provoked King Charles to throw Harry-Meghan off the RCap resolution: NCLAT okays another bidding round for Will bring finality in time bound manner: Gautam Adani Are you ready for India's lithium stocks gold rush? We are thrilled to have their continued support and look forward to continuing to perform for our investors through this strategy.. KKR is making the acquisition through its open-ended Diversified Core Infrastructure Fund. 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). Click here. endstream endobj startxref 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. Roads and telecom infrastructure are of keen interest to us. media@kkr.com, Craig Larson 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. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. Your session has expired, please login again. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. Outside US: +1 (212) 230-9410 Lorem ipsum dolor sit amet, consectetur adipisicing elit. "h,&HTL2H0&E 4R H$m`3&F FP KKR will be investing $1 billion of capital in the Fund alongside these investors through the Firms balance sheet, affiliates, and employee commitments. 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. A verification email is on its way to you. This site uses cookies. KKR has so far raised $3bn (2.4bn) for its global open-ended core infrastructure fund, according to an investor. Oops! We underwrite., First-time fortunes for emerging managers. 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. Sale. An engineer and an MBA, he started his journalism career in 2014 with Mint. 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. Sectors will include utilities focused on the water, wastewater, electricity and natural gas distribution, digital infrastructure, renewable power, Sovereign Investor Leadership Conference March 2023 %PDF-1.6 % The fund targets to invest in infrastructure sector with investments ranging between USD 250 million and USD 750 million and invests globally. 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. In case you cant find any email from our side, please check the spam folder. A link has been emailed to you - check your inbox. Kohlberg Kravis Roberts Co LP. The recipient should not distribute this Communication to any person (other than its legal, investment or tax advisors) without the prior consent of Drawbridge. Please read our cookie notice for more information on the cookies we use and how to delete or block them. We seek to generate strong returns through capitalizing on thematic growth trends and transforming attractive businesses . Register now to read this article and more for free. 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. The team is focused on creating a broadly diversified portfolio across markets, sectors, risks and geographies. You are now subscribed to our newsletters. 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. KKR Diversified Core Infrastructure Fund (A) SCSp B245499 Important notice . We seek to drive value creation through distinctive sourcing, deep operational engagement, and active stakeholder management. Infrastructure is a distinct asset class, making selection, based on a variety of factors, critically important. 212-750-8300 We underwrite., First-time fortunes for emerging managers. 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. Lorem ipsum dolor sit amet, consectetur adipisicing elit. Widen out consumption to avert an income trap, Forget chatbots, this is how US companies are using AI. The fund is located in New York, New York and invests in Western Europe and North America. Partners Group is a leading global private markets firm. We use cookies to create the best possible browsing experience for InfraPPP website visitors. Doloribus est molestiae numquam repudiandae totam. 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. We see a massive opportunity in the Indian governments National Infrastructure Pipeline. Date Filing Type Reported Sold Incremental Cash Type Exemptions Link to Raw Filing; The fund targets to invest in infrastructure sector with investments ranging between USD 250 million and USD 750 million and invests globally. 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 . 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. endstream endobj 267 0 obj <. For the past eight years he has been writing on the biggest deals in private equity, venture capital, IPO market and corporate mergers and acquisitions. Array Cara Major or Julia Kosygina Sovereign Investor Leadership Conference March 2023 288 0 obj <>/Filter/FlateDecode/ID[<5BB66AE52C85B44A8570C1BA474854E1><5687444EFDF18C4793132814656659ED>]/Index[266 34]/Info 265 0 R/Length 111/Prev 195547/Root 267 0 R/Size 300/Type/XRef/W[1 3 1]>>stream 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. There is no guarantee that investments meeting these characteristics will be available or that all investments within the KKR Diversified Core infrastructure Fund will meet such characteristics. Don't have an account? The India Grid investment in mid-2019 was the first investment by the fund. 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 . 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. Only logged in subscribers of this site will be able to access the shared article. 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 . NEW YORK & LONDON - (BUSINESS WIRE)- 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 . KKR Diversified Core Infrastructure Fund (B) SCSp B245498 Important notice . In addition, KKRs business strategy is focused on the long-term and financial results are subject to significant volatility. [form_session_id] => k61vqeGIFMynaDAGG_xYicANx8YNNRtHrJw88uh-Nrk core infrastructure . [Current_Location] => BD Download the Mint app and read premium stories. 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. Public filings of KKR Diversified Core Infrastructure Master Fund B SCSP. Sovereign Investor Leadership Conference March 2023 [form_session_id] => P5d6pu-eUPn9-JKRQw4Bufsm1nNgRWHBUA519qOlzIE Accusamus aliquid animi commodi cumque nam nemo! 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. Subscription; Membership; Our Standards: The Thomson Reuters Trust Principles. We will look at both annuity and toll roads," Shah said. Menu. At more than double the size of its predecessor, the success of KKR Global Infrastructure Investors IV speaks to the robust opportunities that we see in this asset class and to the confidence that our investors continue to place in our infrastructure team and our ability to deliver compelling risk-adjusted returns across a variety of market conditions, said Alisa Amarosa Wood, Global Head of Private Markets and Real Assets Product Strategies at KKR. 2127508300. Don't have an account? 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. We ask for most of the necessary data from the Companies Register, and it only takes a few . The primary source of capital funding for Lutheran churches and schools . 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. . Array 2020-12-31 ($7.5 BB Sold) Fund. Beatae cupiditate dolore doloremque dolorum, ducimus ea et fugiat impedit iure labore magnam, nisi quis repudiandae suscipit tempore vel voluptate? And performance in our flagship fund has been even stronger, up 28% for the quarter and up almost 80% over the last 12 months. Looks like you have exceeded the limit to bookmark the image. 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. ( A verification email is on its way to you. You should only be asked to sign in once. 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. 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. To read the digital edition of the latestIPE Real Assets magazineclickhere. Get limited access to our industry news, analysis and data, plus regular email updates. Accusamus fuga nesciunt quos. 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. We are committed to helping to meet this resource imbalance by investing in infrastructure assets on a global basis. 2023 PitchBook. 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 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. KKR's Asia infra fund will look to create a diversified portfolio of core infrastructure assets . 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 . 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. Energy - Transport - Water & Waste - Telecom & I.C.T. 266 0 obj <> endobj You can check all the benefits of becoming a member and purchase a subscription on our membership page. 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.. All quotes delayed a minimum of 15 minutes. We focus on investments where we believe risk can be minimized in order to deliver attractive risk-adjusted returns, and we use a risk-based asset selection process to make our decisions. New York, New York 10001. India is a key market for this fund, though it doesnt have hard geographic allocations, he said. Register now to read this article and more for free. %%EOF 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. Copyright HT Digital Streams Limited All rights reserved. The fund will invest in India, South Korea, South East Asia, Japan, China, and Australia, Shah said. View source version on businesswire.com: https://www.businesswire.com/news/home/20220314005151/en/, Media: hb```r,B w``cT}C"P( 3c)Y\Yla=m[ Zn;i~Lv"% $ KKR Diversified Core Infrastructure Fund (A) SCSp. DCIF is KKR's first open-end infrastructure fund that seeks to pursue core infrastructure investments with a buy-and-hold approach. Based in Mumbai, Swaraj Singh Dhanjal is responsible for Mints corporate news coverage. (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. Log in to our website to save your bookmarks. The fund . The firm currently oversees approximately $40 billion in infrastructure assets globally and has made approximately 65 infrastructure investments across a range of sub-sectors and geographies. KKR Diversified Core Infrastructure Fund SBS LP; Firm: Fund # CIK # 0001918583: Sale: Fund: Phone: 2127508300: Address: Kohlberg Kravis Roberts Co LP New York, New York 10001: Source: Fund AUM and Sold ($) 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 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. We ask for most of the necessary data from the Companies Register, and it only takes a few . Services. KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. Not the case? KKR Diversified Core Infrastructure Master Fund B SCSP; Firm: Fund # CIK # 0001933577: Sale: Fund: Phone: 2127508300: Address: Kohlberg Kravis Roberts Co LP New York, New York 10001: Source ", Copyright 2022 HT Digital Streams Ltd All Right Reserved. Kohlberg Kravis Roberts Co LP. 2020-12-31 ($7.5 BB Sold) Fund. Debevoise & Plimpton LLP represented KKR as primary fund counsel for this fundraise. Email: Investor-Relations@kkr.com. These resource issues have created a heightened need for experienced private capital. 33739B104 366575.00000000 NS USD 2862950.75000000 0.983530766868 Long EC RF US . Address. 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. KKR Diversified Core Infrastructure Master Fund is an infrastructure core fund managed by Kohlberg Kravis Roberts. KKR does not undertake any obligation to update any forward-looking statements to reflect circumstances or events that occur after the date on which such statements were made except as required by law. We look to use these investments to generate current income and capital appreciation for investors in our funds. Only logged in subscribers of this site will be able to access the shared article. . 2023 Kohlberg Kravis Roberts & Co. L.P. All Rights Reserved. Telephone: +1 (877) 610-4910 69346N107 188986.00000000 NS USD 2823450.84000000 0.969961068970 Long EC RF US N 1 N N N MainStay CBRE Global Infrastructure Megatrends Fund . You are just one step away from creating your watchlist! Also Read | How plant meat is coming of age in India. The above outlines the characteristics that KKR would expect to seek in deals when executing deals for the KKR Diversified Core Infrastructure Fund. Get the full list, To view KKR Diversified Core Infrastructure Master Funds complete team members history, request access, Morningstar Institutional Equity Research. In order to view this content, you must have a full subscription or a funds subscription. Initiatives in these areas have become more difficult due to a reduction in traditional public funding and weakened economic conditions in many regions of the world. 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. 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. The scale of global infrastructure investment demand is enormous, and there is a growing need to replace and expand international infrastructure including all parts of the energy supply chain and a wide array of public services such as roads, railways, airports, and communications networks. 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. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. ESG: Dont forget physical climate risk for real estate, On the right path? 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's active industry exposures (which are a byproduct of stock selection) detracted as well as active individual stock exposures. 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. 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. 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. Before viewing this presentation, please acknowledge your understanding that it has been prepared for KKR & Co. Inc. (NYSE:KKR) for the benefit of its public stockholders and is not intended to be a solicitation or sale of any of the securities, funds or services that it may discuss. The fundraising comes as President Joe Biden has been pushing U.S. lawmakers to back a plan for trillions of dollars in new spending on projects to restore Americas crumbling infrastructure. 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. This site uses cookies to provide you with a more responsive and personalized service. 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.
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