KKR, a prominent global investment firm, has successfully closed its KKR Global Impact Fund II at $2.8 billion. The fund is dedicated to investing in companies that contribute to the United Nations Sustainable Development Goals (SDGs). It follows the success of the initial KKR Global Impact Fund launched in 2018.
Robert Antablin, KKR Partner and Co-Head of KKR Global Impact, highlighted the fund’s focus on proven companies providing scalable solutions to global issues. The fund addresses SDGs through four key themes: Climate Action, Sustainable Living, Lifelong Learning, and Inclusive Growth.
The Global Impact strategy tackles challenges such as climate change, resource depletion, education access, and socio-economic inequality. KKR emphasizes the alignment of financial performance and positive societal impact in its investments.
Ken Mehlman, KKR Partner and Co-Head of KKR Global Impact, pointed out the fund’s relevance in addressing urgent global issues, including the energy transition, supply chain resilience, digitization, and workforce skill shortages.
The KKR Global Impact team, consisting of over 20 members, leverages KKR’s global resources to provide comprehensive support beyond capital. Since its inception in 2018, the fund has invested in 18 companies, including GreenCollar, CoolIT, Advanta, Lightcast, and CMC Machinery.
The fund received significant support from a diverse range of investors, including public pensions, family offices, insurance companies, and other institutional investors. KKR itself will invest $250 million in the fund alongside investors through its balance sheet, affiliates, and employee commitments.
, an independent military force, and allied militias in Sudan raped several dozen women and girls in West Darfur’s capital, El Geneina, and those fleeing to Chad between late April and late June 2023, Human Rights Watch said today. The assailants appear to have targeted people because of their Massalit ethnicity and, in some cases, because they were known activists.){kind=link}