KKR to raise $1.5-2b for maiden Asia-focused infrastructure fund

Highway in Madurai, Tamil Nadu, India. Photo: Ipsita Ray/DEALSTREETASIA

Private equity (PE) firm KKR and Co. is gearing up to raise its maiden Asia-focused infrastructure fund, said two people close to the development, requesting anonymity. The firm, which had recently closed its global infrastructure fund, is targeting to raise between $1.5 billion and $2 billion for the Asia infrastructure fund. “The discussions for launching the Asia infrastructure fund are on and the firm will reach out to investors,” the first person said.

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