KKR will be investing $358m in capital alongside external investors. : KKR’s third infrastructure fund, which seeks to invest in core, income-producing infrastructure assets globally, has raised $7.4bn (€6.35bn) at final close. The manager said KKR Global Infrastructure Investors III received strong backing from a diverse group of new and existing global investors, including public pensions, sovereign wealth funds, insurance companies, family offices, high net worth individual investors and other institutional investors. IPE Real Assets reported in February that Minnesota State Board of Investment had approved a $150m commitment to Infrastructure III.