Debevoise & Plimpton Acted on KKR's $6.4 Billion Landmark Infrastructure Investment into Asia Pacific

Leading law firm Debevoise & Plimpton advised US investment company KKR on the formation of a $6.4 billion fund focused

By: :  Linda John
By :  Legal Era
Update: 2024-02-08 11:15 GMT
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Debevoise & Plimpton Acted on KKR's $6.4 Billion Landmark Infrastructure Investment into Asia PacificLeading law firm Debevoise & Plimpton advised US investment company KKR on the formation of a $6.4 billion fund focused on infrastructure and energy-related investments across the fast-growing Asia Pacific region. KKR sets a new record with the largest pan-regional infrastructure...

Debevoise & Plimpton Acted on KKR's $6.4 Billion Landmark Infrastructure Investment into Asia Pacific

Leading law firm Debevoise & Plimpton advised US investment company KKR on the formation of a $6.4 billion fund focused on infrastructure and energy-related investments across the fast-growing Asia Pacific region.

KKR sets a new record with the largest pan-regional infrastructure fund ever raised for the region. This builds upon their previous success with the inaugural KKR Asia Pacific Infrastructure Investors SCSp, which held the record in 2021 at $3.9 billion. Even more impressive, KKR has already deployed over half of the new fund's capital across roughly 10 investments since its launch, highlighting its commitment to the region.

Since 2019, KKR's Asia Pacific infrastructure platform has grown organically to manage an impressive $13 billion in assets.

KKR's approach to infrastructure investments combines a strict selection process with unique sourcing and structuring capabilities, driven by a dedicated team across Asia Pacific markets. Following this approach, the new fund will target critical infrastructure offering low volatility and strong downside protection. KKR believes it can bring further value and deliver attractive risk-adjusted returns through its global network of industry experts, its highly experienced team in Asia Pacific, and its proven track record in operational value creation. The fund boasts a broad investment mandate encompassing various sectors like renewables, power and utilities, water and wastewater, digital infrastructure, and transportation, among others.

"As Asia accounts for more than 60 per cent of global growth, driven by rising domestic consumption and productivity, rapid urbanisation, and an enormous emerging middle class, the need for new infrastructure and sustainable energy sources will continue to accelerate," Hardik Shah, a partner in KKR's infrastructure team based in Mumbai, stated in a statement.

Andrew Ford and Stephen Jordan, partners at Debevoise & Plimpton, led the firm's team on this transaction.

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By: - Linda John

By - Legal Era

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