KKR has been investing in the energy sector for more than 20 years and its global energy business covers the full energy supply chain. The company has been at the forefront of shifts in investor interest from conventional to unconventional oil and natural gas resources.Justin Reizes, Member of KKR and Head of KKR Australia said KKR looked forward to investing on behalf of the NZ Super Fund in what was a fast-growing but capital-starved sector. “The rapid development of unconventional shale basins provides attractive development and infrastructure investment opportunities for long-term investors such as the NZ Super Fund.” According to October 2012 estimates from ICF International and elaborated upon in a white paper by KKR, developing the resource and the delivery infrastructure to bring this new supply to market will require $2 trillion in upstream investments for natural gas production (including associated volumes of condensate and natural gas liquids) between 2011 and 2035. “KKR, which like the NZ Super Fund is a signatory to the United Nations-backed Principles for Responsible Investment, is deeply involved with the companies with which it invests,” said Mr. Reizes. “We incorporate environmental, social and governance factors into our investment processes and ownership practices, and seek to ensure that best operational practices are in place at the companies with which we invest.” This is the NZ Super Fund’s third investment with KKR. It also has investments in other KKR funds, including KKR Asian Fund and KKR 2006 Fund. About the NZ Super Fund The $25 billion New Zealand Superannuation Fund invests globally in order to help pre-fund New Zealanders’ future retirement entitlements. The Fund is managed by a Crown entity, the Guardians of New Zealand Superannuation. Since inception in September 2003 the Fund has returned 9.57% p.a. after costs and before tax. About KKR Founded in 1976 and led by Henry Kravis and George Roberts, KKR is a leading global investment firm with $94.3 billion in assets under management as of December 31, 2013. With offices around the world, KKR manages assets through a variety of investment funds and accounts covering multiple asset classes. KKR seeks to create value by bringing operational expertise to its portfolio companies and through active oversight and monitoring of its investments. KKR complements its investment expertise and strengthens interactions with investors through its client relationships and capital markets platform. KKR is publicly traded on the New York Stock Exchange (NYSE:KKR) and "KKR", as used in this release, includes its subsidiaries, their managed investment funds and accounts, and/or their affiliated investment vehicles, as appropriate. For additional information, please visit KKR's website at www.kkr.com.