KKR Makes First Blockchain Investment in ParaFi Fund
Investment giant KKR & Co has made its first blockchain-related investment with a stake in the flagship fund of ParaFi Capital, ParaFi confirmed to CoinDesk on Thursday. Bloomberg first reported on the investment this week. KKR’s investment in the ParaFi fund, which focuses on decentralized finance markets, was made directly from its balance sheet, according to […]
NYSCRF commits $650m to KKR, Northleaf infrastructure funds
New York State Common Retirement Fund (NYSCRF) has disclosed making $650m (€547m) worth of infrastructure fund commitments in June. NYSCRF said it placed $500m into the KKR Global Infrastructure Investors IV fund and $150m into the Northleaf Infrastructure Capital Partners III (NICP III) fund. The $268.3bn pension fund told IPE Real Assets that the KKR […]
KKR India Fin Services and InCred ink deal to merge their lending biz
A year after entering into talks for a partnership, KKR’s non-bank lending business, KKR India Financial Services (KIFS) and InCred Financial Services, the retail and MSME lending business of InCred, have inked a deal to merge the two lending businesses. Founded in 2016 by Bhupinder Singh, InCred Finance is a tech-enabled lending institution that spans […]
KKR Acquires Three Self-Storage Facilities in Austin and Nashville
KKR today announced the acquisition of three self-storage properties located in Austin, Texas and Nashville, Tennessee. The properties include approximately 1,800 storage units and were built between 2019 and 2020. They were acquired through separate transactions with two different sellers for an aggregate purchase price of approximately $36 million. The purchases represent KKR real estate’s […]
Spark Infra to open books to KKR consortium after sweetened $3.8 bln bid Reuters
Spark Infrastructure (SKI.AX) on Wednesday agreed to open its books to a consortium that includes private equity giant KKR & Co Inc (KKR.N) after the group tabled a third buyout offer, valuing the Australian electricity infrastructure investor at A$5.13 billion ($3.78 billion). The offer, the latest in a flurry of buyout bids in Australia this year, comes nearly two […]
World Rugby CEO Gilpin confirms private equity talks
World Rugby chief executive Alan Gilpin has confirmed that the global governing body has opened talks with private equity firms about investing in the sport. Gilpin said that World Rugby is in discussions with groups such as CVC Capital Partners and KKR over a deal that could include a stake in the commercial rights for […]
KKR Raises Billions for Real Estate Deals Across Europe
KKR & Co. has raised $2.2 billion for a new real estate fund that will seek investment opportunities throughout Europe as lockdown measures are eased across the continent. The private equity firm’s second dedicated property fund has already invested more than $700 million in residential housing and warehouses, two areas that have proved resilient to the […]
KKR steps up pursuit of UK companies amid private equity buyout frenzy
KKR is expanding its operations to target more takeovers in the UK, as the record-breaking pursuit of British companies by private equity groups reignites a debate over the role of the buyout industry in the economy. KKR will set up a new team of five dealmakers to focus on buying British companies, the heads of […]
KKR acquires seven highways assets from Global Infrastructure Partners
KKR is to acquire Global Infrastructure Partners’ (GIP) entire interest in Highway Concessions One (HC1) and seven highway assets with a total length of 487 kilometres. HC1 is a platform in India that manages GIP’s road portfolio which spans across seven states including Gujarat, Karnataka, Madhya Pradesh, Meghalaya, Rajasthan, Tamil Nadu, and Telangana. Through the […]
KKR plans more shale acquisitions after $5.5B Contango Oil & Gas deal
KKR & Co. is building a shale-oil acquisition vehicle with the $5.7 billion combination of two little-known explorers. The buyout firm’s Independence Energy will merge with Contango Oil & Gas Co. in an all-stock deal that will be used to hunt down even bigger deals, Contango Chairman John Goff told analysts during a conference call […]
