Report: KKR to Merge $157B Infrastructure, Real Estate Businesses

KKR is reportedly streamlining leadership across its $157B in infrastructure and real estate assets given the increasing overlap of opportunities in the two areas, particularly around logistics and data infrastructure, Bloomberg reported January 23.

Raj Agrawal, who in his remit as global head of real assets currently oversees infrastructure and energy, will add oversight of the real estate business to his remit, according to the report. The current head of global real estate, Ralph Rosenberg, will become chairman of real assets. 

KKR’s real assets platform will have $157B in AUM across equity and credit, pursuing plans to acquire logistics businesses, data centers, and other areas of mutual interest. The announcement comes shortly after the firm raised $1.13B for its latest infrastructure vehicle, as reported by Dakota on January 6.

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Written By: Dakota

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