This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Marc Lipschultz, KKR's Global Head Of Energy And Infrastructure (Photo: Business Wire)

KKR, a leading global investment firm, today announced the final closing of KKR Energy Income and Growth Fund I (“EIGF” or the “Fund”). EIGF (together with related co-investment vehicles) represents a $2.0 billion strategy focused primarily on investing behind the development of North American unconventional oil and gas resources.
Marc Lipschultz, KKR's Global Head of Energy and Infrastructure (Photo: Business Wire)

Marc Lipschultz, KKR's Global Head of Energy and Infrastructure (Photo: Business Wire)

The Fund seeks to generate current income and capital appreciation while seeking to provide inflation protection through commodity exposure. The EIGF strategy received strong backing from a diverse group of new and existing KKR investors globally, including pensions, sovereign wealth funds, insurance companies, foundations, endowments, private banking platforms, family offices and individual investors.

Commenting on EIGF, Marc Lipschultz, KKR’s Global Head of Energy & Infrastructure, said, “The energy revolution has created an unprecedented opportunity set, and we are seeing many ways to partner with companies to help develop these important resources. Pursuing asset-level and structured investments, we intend to deploy creative and flexible structures that seek to best meet the needs of our partners while delivering benefits associated with real asset ownership. We appreciate the diversity and support of new and existing KKR investors.”

This strategy is focused on making joint venture drilling investments, acquiring minerals and royalties, acquiring legacy producing assets and pursuing opportunistic investments associated with oil and gas resources. To date, the EIGF strategy has deployed over $350 million of equity in eight investments.

KKR has invested or committed approximately $4.3 billion to oil and gas investments since 2009 through its investment funds and vehicles spanning buy-outs, minority equity investments, joint-ventures, and various asset-level and structured investments, making KKR one of the more active private-market investors in the North American oil and gas space across this period. In 2009, KKR made its first investment in unconventional natural gas assets through its investment in East Resources, a leading resource owner in the Marcellus Shale. In 2010, KKR made its first investment in unconventional crude oil assets, through its partnership with Hilcorp Energy in the Eagle Ford Shale.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs