KKR’s latest US$6.4b infrastructure fund has Kiwi bent
Private equity giant’s new Asia Pacific Infrastructure Investors II fund follows inaugural US$3.9b fund, which supported Ritchies’ acquisition in 2021.
Private equity firm KKR has 6% of its investments in infrastructure.
What’s at stake: Global PE giant KKR is pouring another US$6.4b into APAC infrastructure businesses, including in New Zealand.
Background: KKR’s inaugural APAC infra fund of US$3.9b helped it buy Ritchies bus company in 2021/22.
Main players: KKR, Andrew Jennings, infrastructure companies/assets, Ritchies Transport.
Capital from KKR’s recently-closed US$6.4 billion ($10.5b) Asia Pacific infrastructure investment fund could soon find its way into controlling positions at New Zealand’s regulated utilities businesses, fibre network operators, airports and ports.
The US-based, NYSE-listed private equity giant
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