Tuesday, 2 September 2014
Last updated 3 days ago
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.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...