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KKR AM Closes Mezzanine Fund

KKR Asset Management has closed the KKR Mezzanine Partners I at more than $1 billion.

    KKR Asset Managementhas closed theKKR Mezzanine Partners Iat 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 billionFresno County Employees’ Retirement Associationand the $1 billionTulare County Employees’ Retirement Association, Visalia, California, were some of the investors in the portfolio, addsPensions & Investments. The fund closed on August 31.

    Click here for the release fromBusiness Wire.

    Click here for additional coverage fromPensions & Investments.

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