KKR announced today the final close of its Asia Pacific Infrastructure Investors III fund at $6.4 billion, exceeding its initial target of $5 billion and marking the largest infrastructure fund raised for the region.
The fund attracted commitments from a diverse set of institutional investors including sovereign wealth funds, pension funds, and insurance companies across North America, Europe, and Asia.
KKR plans to deploy the capital across digital infrastructure, renewable energy, transportation, and utilities sectors, with a focus on sustainable infrastructure investments.