KKR closes on $13.9bn

The global investment firm closes largest Americas-focused private equity fund.

KKR Americas XII Fund has held a final close on $13.9 billion, surpassing its target of $12 billion. The vehicle makes opportunistic investments primarily focused on the United States, Canada and Mexico.

Investors committed to the vehicle include Minnesota State Board of Investment, Oregon State Treasury, New York State Common Retirement Fund and Japan Bank for International Cooperation.