Private equity giant KKR has pulled in US$6.8 billion in capital commitments for its second Asia Pacific infrastructure fund.
The firm’s inaugural Asia Pacific Infrastructure Investors fund closed at $3.9 billion in 2021 and claimed to be the largest pan-Asia fund.
Since its launch in 2019, KKR’s Asia infrastructure platform has $13 billion in assets under management.
According to a KKR statement, the fund will focus on “critical infrastructure with low volatility and strong downside protection”. The sectors of interest include renewables, power and utilities, water and wastewater, digital infrastructure and transportation.
“As Asia accounts for more than 60% of global growth, driven by rising domestic consumption and productivity, rapid urbanization, and an enormous emerging middle class, the need for new infrastructure and sustainable energy sources will continue to accelerate,” said Hardik Shah, a partner on KKR’s Infrastructure team based in Mumbai.
©2024 funds global asia 
At times like these, HSBC Asset Management easily pivots towards emerging markets.
The spotlight on growth markets and the need to be nimble and dynamic is ever-sharper, given the difficulty in predicting monetary policy in the world’s major nations.
A comprehensive, cost-effective, and transparent currency overlay hedging solution is crucial to mitigate FX exposure risks in the complex landscapes of Japan and China's FX markets, explains Hans Jacob Feder, PhD, global head of FX services at MUFG Investor Services.
The world is transitioning from an era of commodity abundance to one of undersupply. Ben Ross and Tyler Rosenlicht of Cohen & Steers believe this shift may result in significant returns for commodities and resource producers over the next decade.
Ross Dilkes, fixed income portfolio manager at Wellington Management, examines the opportunities and risks for bond investors presented by the region’s decarbonisation agenda.
Shareholders in Japan no longer accept below-par corporate governance standards. Changes are taking place, but there are still areas for improvement, says Tetsuro Takase at SuMi Trust.
Robert St Clair, head of investment strategy at Fullerton Fund Management, explores the reasons investors should be paying attention to the rising demand for healthcare in China.
