KKR Nets $2 Billion For Energy Fund

Mar 6 2014 | 11:48am ET

Kohlberg Kravis Roberts has held a final close for its latest energy hedge fund with $2 billion.

The new fund will invest in oil and gas assets, primarily in North America, and brings to $8.7 billion KKR’s energy and infrastructure assets. In particular, the fund will focus on drilling joint-ventures, mineral acquisitions and royalties.

“The energy revolution has created an unprecedented opportunity set, and we are seeing many ways to partner with companies to help develop these important resources,” KKR energy and infrastructure head Marc Lipschultz said.

The fund’s first close was in September, at $1.4 billion.

KKR has already begun deploying the fund’s capital, with $350 million put towards eight investments.


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Compelling Opportunities In The Alternatives Space

Jul 29 2014 | 9:33am ET

In an environment where many asset classes seem expensive by historical standards...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note