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Infrastructure Investing Turns Fashionable: Latest Entrant KKR
Posted on May 17, 2008
As the global economy is still reeling under the subprime crisis, infrastructure investing is becoming fashionable globally. Soon after Morgan Stanley and Global Infrastructure Partners (a PE firm backed by Credit Suisse and General Electric) announced almost $10 billion worth funds for infrastructure, here is one of the largest PE firms in the world, Kohlberg Kravis Roberts & Co., announcing its entry into the business of investing in roads, bridges, ports and flyovers.The New York-based firm said it would invest in infrastructure assets worldwide. It has also hired George Bilicic from invest...
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