The $33 billion New Mexico State Investment Council is committing up to $100 million to the KKR Diversified Core Infrastructure Fund (DCIF) as part of its growing infrastructure portfolio that now totals more than $900 million.
The approved investment would be the real asset portfolio’s first commitment and exposure to KKR, yet the State Investment Council has an existing relationship with KKR through the real estate portfolio.
DCIF is KKR’s first open-ended infrastructure fund that is currently being raised. The team seeks to pursue core infrastructure investments with a buy-and-hold . . .
Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Monthly and annual subs available.