Asia-Pacific infrastructure investing is a long game at KKR

IT WAS 2021 when KKR’s South-east Asia infrastructure team first started talking to Singtel about data centres. The introduction came through other KKR colleagues, who had been building a relationship with Singtel since the asset manager set up a Singapore office in 2012.

Those conversations continued for a while, but it was not till the third quarter of 2022 that discussions turned more serious and substantive. It would take another year before a deal was done.

Projesh Banerjea, a director at KKR and a member of its Asia-Pacific infrastructure team, said this measured pace should be seen as an indication of the deep commitment KKR has to the region.