KKR Infrastructure Vehicle for Affluent Investors Adds $1.13B

KKR disclosed that its “mass affluent” investment vehicle KKR Infrastructure Conglomerate has raised a further $1.13B in less than eight months, bringing the total raised to date to $3.03B.

In an updated January 3, 2025, filing with the SEC, KKR Infrastructure said the fund has so far tapped 21,679 investors. Alongside KKR Private Equity Conglomerate, it is one of two funds KKR has created to access wealthy investors who might not qualify for investing in a traditional private fund, according to Bloomberg. In its last update on May 9, 2024, the infrastructure fund reported securing $1.90B since it began sales on June 1, 2023.

KKR Capital is marketing the investment vehicle, which according to the filing is also available through the Morgan Stanley, Rockefeller Financial, Merrill Lynch, Cambridge Investment Research, LPL Financial, UBS, CAIS, Robert W. Baird, Osaic, Arkadios Capital, RBC, and JP Morgan platforms. 

As of September 30, 2024, KKR reported $77B in total AUM within infrastructure, alongside $190B in private equity, $242B in credit, and $80B in real estate.