Wednesday, 26 April 2017
Last updated 42 min 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.