Thursday, 26 March 2015
Last updated 3 hours ago
Apr 2 2014 | 1:38pm ET
Kohlberg Kravis Roberts hopes its second infrastructure fund will be twice as big as its first.
The private-equity firm plans to raise $2 billion for KKR Global Infrastructure Investors II, about twice the amount it raised for the first fund two years ago, Bloomberg News reports. The first fund is between 60% and 70% invested.
The second infrastructure fund will focus on renewable energy, pipelines, utilities and transportation assets.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…