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Laxman Pai, Opalesque Asia:

The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets.

According to a media release from the alternative assets manager, the figure tops the $3.9bn drawn in by the alternatives manager's inaugural fund in 2021 and takes its infrastructure assets in the region up to $13bn.

Since the Fund's launch, KKR has already invested or committed more than half of its capital across approximately 10 investments. KKR's Asia Pacific infrastructure platform has organically grown to approximately $13 billion in assets under management since its inception in 2019, the release said.

"Infrastructure is a key pillar of KKR's global and regional strategy. We are proud to have built and scaled a market-leading platform in the Asia Pacific in a short period, and are grateful for the continued support by our investors as we close our milestone second pan-regional fund," said David Luboff, Co-Head of KKR Asia Pacific and Head of Asia Pacific Infrastructure at KKR.

"The success of the fundraise is a testament to the confidence that global investors have in our ability to deliver strong risk-adjusted returns and differentiated value-add through our established multi-asset platform, local presence in key markets, and strong ability to collaborate across multiple strategies and the region. Their commitment underscores our shared c......................

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