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December 24, 2024
PI Global Investments
Infrastructure

KKR Raises 6 4 Bn Pan Asian Infrastructure Fund Report


Its previous Asia fund allocated approximately 30 percent of its USD 3.9 billion corpus to the Indian infrastructure sector

Global investment powerhouse KKR has unveiled a USD 6.4 billion pan-Asian infrastructure fund, with a strong emphasis on bolstering investments in India. Hardik Shah, Partner and Head of Infrastructure Investing in India for KKR, underscored the nation’s pivotal role in KKR’s global infrastructure investment strategy, predicting a substantial uptick in investments in the country.

The Asia Pacific Infrastructure Investors II Fund, which concluded on February 1, has identified India, along with South Korea, Southeast Asia, Japan, Australia, and New Zealand, as key investment hubs.

KKR’s previous Asia fund allocated approximately 30 percent of its USD 3.9 billion corpus to the Indian infrastructure sector. Shah indicated that the firm intends to replicate this investment approach, underscoring India’s enduring significance as a prime investment destination. Notably, the new fund will bypass China, as KKR perceives greater potential in other markets.

With KKR’s renewed focus and substantial financial backing, India’s infrastructure landscape stands poised for significant development and growth in the coming years.


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