'KKR Raises $11B For Its Newest Global Infrastructure Fund' - Bloomberg News
Portfolio Pulse from Benzinga Newsdesk
KKR & Co. has successfully raised $11 billion for its latest global infrastructure fund, KKR Global Infrastructure Investors V, surpassing half of its $20 billion target. The fundraising began in November, and the firm is yet to announce its first close on the fund.
April 24, 2024 | 7:44 pm
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KKR & Co. has raised $11 billion for its new global infrastructure fund, indicating strong investor confidence and potential for future growth.
The successful fundraising of $11 billion, more than half of the $20 billion target for KKR's new global infrastructure fund, demonstrates strong market confidence in KKR's investment strategy and management. This significant capital raise is likely to positively impact KKR's stock in the short term as it reflects the firm's strong positioning and potential for future growth in the infrastructure sector.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100