KKR Raises Record $23 Billion for Americas Private Equity Fund

KKR & Co. Inc. has secured $23 billion for its latest Americas private equity fund, surpassing its target and setting a new record for the firm.

• KKR raised $23 billion for its Americas private equity fund.
• The fund, North America Fund XIV, surpassed its $20 billion target.
• This is the largest vehicle in KKR's strategies on record.
• It is also the largest North America-focused private equity vehicle raised by any firm.
• The fundraising occurred despite a challenging industry environment for private equity firms.