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KKR Closes Oil And Gas Fund

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March 5, 2014

Global investment firm KKR & Co. LP closed its fund, KKR Energy Income and Growth Fund I, with $2 billion for investment in North American unconventional oil and gas resources, the company said March 5.

The fund will generate income and increase capital, the company said, adding that it will support joint venture drilling investments, mineral and royalty acquisitions and producing assets.

The fund was backed by new and existing KKR investors, including pensions, sovereign wealth funds, insurance companies, foundations, endowments, private banking platforms, family offices and individual investors, KKR ...

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