Overview
- KKR disclosed on Monday, August 3, 2026 that it had closed Global Infrastructure Investors V at $19.2 billion, the largest infrastructure fund in the firm's history.
- The firm said more than $9 billion of the fund has already been committed across nine investments, including the acquisitions of Global Technical Realty in Europe, EDF Power Solutions in North America, and The Parking Spot.
- The fund targets three core areas—data centers and fiber, energy and power-transition assets, and storage and logistics—reflecting a strategy to pair compute capacity with long-term power and connectivity contracts.
- KKR is using dedicated platforms and strategic partners such as Nvidia and Vistra through its Helix initiative to speed development of AI-ready data centers, while the firm’s infrastructure business now manages roughly $120 billion in equity.
- Investors have pushed big capital into cash-flowing infrastructure because hyperscaler demand pushes up valuations and creates steady lease-like revenue, a dynamic that could increase long-term power contracts, local construction and operations jobs, and competition among large asset managers.