KKR Eyes $2 Billion For Second Infrastructure Fund

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.

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