KKR raises $17bn for global infrastructure fund

KKR raises $17bn for global infrastructure fund

KKR & Co. closed its latest infrastructure fund, KKR Global Infrastructure Investors IV, at $17bn, a news release said Monday. The closed-end fund focuses on pursuing global infrastructure investment opportunities with an emphasis on North America and Western...
Ontario Teachers’ fund gains 11.1% on private equity, resources

Ontario Teachers’ fund gains 11.1% on private equity, resources

Ontario Teachers’ Pension Plan returned 11% last year, helped by big gains in private equity and natural resources investments that mitigated losses in its bond portfolio. The fund outperformed its benchmark by 2.3 percentage points, lifting assets under management to...
Frontenac Closes Oversubscribed Fund XII at $520m Hard Cap

Frontenac Closes Oversubscribed Fund XII at $520m Hard Cap

Frontenac, a Chicago-based private equity firm, today announced the closing of its 12th fund, consisting of $520mm of limited partner commitments. The fundraise for Frontenac XII was significantly oversubscribed, exceeding its target of $425mm based on strong support...
Short-Term Rentals Attract Private Equity Seeking New Asset Class

Short-Term Rentals Attract Private Equity Seeking New Asset Class

Some of the biggest names in private equity firms, hedge funds, and alternative asset management are chasing investments in short-term rentals and vacation rentals as new assets to diversify their portfolios. Veteran, well-capitalized investors such as Blackstone...