SINGAPORE : KKR & Co Inc has raised nearly $6 billion for its second Asia Pacific infrastructure fund at the first-close, marking the biggest ever private equity fundraising for the sector in the region, two sources familiar with the matter told Reuters.
KKR declined to comment. The sources declined to be named as the information has not been made public. BlackRock Inc said on Tuesday that it had raised $4.5 billion out of an overall $7.5 billion-target for a new global fund to invest in infrastructure assets aimed at climate-focused projects. This year alone, funds backed by the likes of KKR, Macquarie, infrastructure investors DigitalBridge and Stonepeak have struck deals for tens of thousands of telecom towers in the Philippines.
Last year, 19 Asia Pacific-focused infrastructure funds raised a total of $10.3 billion, Preqin data showed.