U.S. investment firm KKR & Co is looking to raise up to $7 billion for its first global climate fund that seeks to invest in energy transition opportunities, according to a person with direct knowledge of the matter. Private equity funds typically, but not necessarily, begin investing after their first-close, which is when they have received an initial round of commitments from investors. KKR's global climate fund will focus on investments involving environmentally friendly technologies such as energy storage, battery-related ventures and transportation, and decarbonizing of existing assets like conventional power and infrastructure, the source said.
NEW YORK, December 01, 2023--KKR today announced a newly promoted group of 8 Partners and 33 Managing Directors, effective January 1, 2024.
NEW YORK & MARLBOROUGH, Mass., November 30, 2023--KKR, a leading global investment firm, today announced a new platform established with investments from KKR and Hologic, Inc. (Nasdaq: HOLX), a global leader in women’s health and medical technology innovator. The new platform, named Maverix Medical, will be managed by Ajax Health under the leadership of Duke Rohlen.