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KKR Closes $23 Billion North America Fund XIV, Sets Record

4/3/2026

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Story summary
  • On April 2, 2026, KKR & Co. Inc. announced the closing of North America Fund XIV, raising $23 billion as the largest private equity fund focused on North America.
  • The fund targets opportunistic investments across North America and attracts global investors, including pension plans and sovereign wealth funds.
  • KKR's funds yielded a gross return of 23% over the past decade, contributing $229 billion to private equity assets under management.