KKR raises $1.45bn

The global investment firm targets innovate growth companies in the healthcare sector.

KKR Health Care Strategic Growth Fund has held a final close at $1.45 billion, with the firm contributing $265 million of capital to the total. The vehicle will make investments of up to $100 million in healthcare-related businesses focused on innovation, consolidation and cost-containment.

The fund’s new and existing investors included pension funds, family offices, insurance companies and high-net-worth individuals.