Fundraising

The firm raised $68bn in Q2, bringing inflows over the past 12 months to $140bn, Brookfield’s highest ever in a 12-month period.

Buyout, growth equity, venture capital, secondaries and other private equity funds raised $254bn in the first half, nearly matching the results of a year earlier.

The fund will invest in the middle-market infrastructure sector.

The closing brings total capital raised to $580 million for the overall strategy, which includes a portion of commitments from The Rise Fund.

The amount of time spent raising a North American private equity fund is one of the best indicators of where the market is – and where it is going.

Fund IV's limited partners include endowments, foundations, public and corporate pension plans, family offices, insurance companies, and global financial institutions.

Fund VI will target niche manufacturing, business services, and value-added distribution sectors.

NZPF is Quinbrook’s fifth successive energy transition focused fund raised to date.

With the raise, the flagship is the biggest in Platinum’s 29-year history, exceeding by 26% its 2019-vintage predecessor.

The fund oversubscribed on its $4.6 billion hard-cap, head of investor relations Craig Larson said, putting KKR in 'a pretty advantageous spot at the moment.'