KKR Asset Management has closed the KKR Mezzanine Partners I at more than $1 billion. The fund received investments from global investors, including insurers, pension plans, family offices and sovereign pools of capital. The $3.1 billion Fresno County Employees’ Retirement Association and the $1 billion Tulare County Employees’ Retirement Association, Visalia, California, were some of the investors in the portfolio, adds Pensions & Investments. The fund closed on August 31.
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