The firm closed KKR Global Infrastructure Investors V, its largest infrastructure fund ever, with a laser focus on data centers and the digital plumbing that powers them. Both sit squarely in the digital infrastructure lane that hyperscalers like Microsoft, Google, and Amazon are desperate to expand. AdvertisementRaj Agrawal, KKR’s global head for real assets, has pointed to booming demand from hyperscalers as the driving force. KKR launched its infrastructure business back in 2008 and currently manages roughly $120 billion in infrastructure assets. The fund also arrives on the heels of KKR’s Helix Digital Infrastructure platform, launched in mid-2026 with over $10 billion earmarked specifically for AI data centers, power, and connectivity.