KKR closes $2B North American oil and gas fund

KKR

KKR, a global investment firm, has closed the KKR Energy Income and Growth Fund I (EIGF), which, together with related co-investment vehicles, represents a $2 billion strategy focused primarily on investing behind the development of North American unconventional oil and gas resources.

The Fund seeks to generate current income and capital appreciation while seeking to provide inflation protection through commodity exposure. The EIGF strategy received strong backing from a diverse group of new and existing KKR investors globally, including pensions, sovereign wealth funds, insurance companies, foundations, endowments, private banking platforms, family offices, and individual investors.

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