# Kkr Global Impact

KKR Global Impact is the dedicated impact-investing platform of KKR & Co. Inc.; it runs a family of private equity funds, principally KKR Global Impact Fund SCSp and KKR Global Impact Fund II SCSp, that invest in small and medium-sized companies whose business models address environmental or social challenges while targeting private equity-like risk-adjusted returns. The strategy was launched in 2018, its legal vehicles are [Luxembourg](https://www.edgepedia.org/luxembourg) special limited partnership (SCSp) funds with a contact address in New York, and it remained active through 2026, with combined commitments of about US$4.1 billion as of June 30, 2025 according to the manager's own disclosure.<sup>[1](https://www.kkr.com/content/dam/kkr/disclosures/kkr-global-impact-fund-disclosure-statement-2025.pdf)</sup><sup> • </sup><sup>[2](https://www.sec.gov/Archives/edgar/data/1915608/000191560823000001/xslFormDX01/primary_doc.xml)</sup>

| Fact | Detail |
|---|---|
| Launched | 2018 (KKR's 10-K states the firm "has offered global impact funds" since 2019, when the first fund reached its vintage)<sup>[1](https://www.kkr.com/content/dam/kkr/disclosures/kkr-global-impact-fund-disclosure-statement-2025.pdf)</sup><sup> • </sup><sup>[3](https://www.sec.gov/Archives/edgar/data/1404912/000140491224000005/kkr-20231231.htm)</sup> |
| Leadership | Co-Heads Robert Antablin and Ken Mehlman<sup>[1](https://www.kkr.com/content/dam/kkr/disclosures/kkr-global-impact-fund-disclosure-statement-2025.pdf)</sup> |
| Themes | Climate action, sustainable living, lifelong learning, inclusive growth<sup>[1](https://www.kkr.com/content/dam/kkr/disclosures/kkr-global-impact-fund-disclosure-statement-2025.pdf)</sup> |
| Fund I | $1.3 billion final close announced February 2020; $1,242 million of commitments per KKR's 10-K<sup>[4](https://media.kkr.com/news-details?news_id=e0d7351c-7fcd-411d-a66b-a9df96860895)</sup><sup> • </sup><sup>[3](https://www.sec.gov/Archives/edgar/data/1404912/000140491224000005/kkr-20231231.htm)</sup> |
| Fund II | Vintage 6/2022; $2,704 million of commitments per the FY2023 10-K, $2,693 million per the FY2024 10-K<sup>[3](https://www.sec.gov/Archives/edgar/data/1404912/000140491224000005/kkr-20231231.htm)</sup><sup> • </sup><sup>[5](https://ir.kkr.com/media/document/d57ed064-3939-4af8-b8b2-b48cd07e2ed8/assets/KKR_-_2024.12.31_10-K.pdf?disposition=inline)</sup> |
| Combined commitments | US$4.1 billion as of June 30, 2025 (manager figure)<sup>[1](https://www.kkr.com/content/dam/kkr/disclosures/kkr-global-impact-fund-disclosure-statement-2025.pdf)</sup> |
| Deployment | More than $3.0 billion invested across 23 closed investments as of Q1 2026 (manager report)<sup>[6](https://www.marketscreener.com/news/kkr-sustainability-report-kkr-2025-impact-report-summary-ce7f5fdadf8cf525)</sup> |

## What KKR Global Impact is

The platform is not a separate company but a fund family within KKR & Co. Inc., managed alongside KKR's broader growth equity strategy; KKR's FY2023 10-K places $4.4 billion of impact investments within a $17.8 billion growth equity strategy as of December 31, 2023.<sup>[3](https://www.sec.gov/Archives/edgar/data/1404912/000140491224000005/kkr-20231231.htm)</sup> The global impact funds target lower-middle-market companies whose core business models provide commercial solutions to an environmental or social challenge, seeking private equity risk-adjusted returns rather than accepting a concession.<sup>[4](https://media.kkr.com/news-details?news_id=e0d7351c-7fcd-411d-a66b-a9df96860895)</sup>

Each fund is organized as a Luxembourg SCSp (société en commandite spéciale, a special limited partnership).

## History and people

KKR launched its global impact business in 2018. At the final close of Fund I in February 2020, the press release described a 12-person global team.<sup>[4](https://media.kkr.com/news-details?news_id=e0d7351c-7fcd-411d-a66b-a9df96860895)</sup> The platform has been led by **Robert Antablin and Ken Mehlman** as Co-Heads of KKR Global Impact, a role both held as of the June 30, 2025 disclosure statement, which they signed.<sup>[1](https://www.kkr.com/content/dam/kkr/disclosures/kkr-global-impact-fund-disclosure-statement-2025.pdf)</sup> In 2019 KKR became a founding signatory to the Operating Principles for Impact Management, and it reaffirmed alignment as of June 30, 2025.<sup>[1](https://www.kkr.com/content/dam/kkr/disclosures/kkr-global-impact-fund-disclosure-statement-2025.pdf)</sup>

## Strategy and how it invests

The strategy invests across four themes: climate action, sustainable living, lifelong learning, and inclusive growth. It monitors portfolio companies' contributions to the UN Sustainable Development Goals (SDGs) using third-party framework indicators, as described in the manager's own Impact Principles disclosure.<sup>[1](https://www.kkr.com/content/dam/kkr/disclosures/kkr-global-impact-fund-disclosure-statement-2025.pdf)</sup> At the Fund I close, KKR cited themes including climate change mitigation, clean water, workforce development, responsible waste management, and upgrading declining infrastructure, and said the fund targets measurable progress toward one or more SDGs.<sup>[4](https://media.kkr.com/news-details?news_id=e0d7351c-7fcd-411d-a66b-a9df96860895)</sup>

## Funds raised, by the numbers

**Fund I.** KKR announced the final close of KKR Global Impact Fund SCSp at $1.3 billion in February 2020.<sup>[4](https://media.kkr.com/news-details?news_id=e0d7351c-7fcd-411d-a66b-a9df96860895)</sup> KKR's 10-K records $1,242 million of commitments with a February 2019 vintage and an investment period ending March 2022, with $1,194 million invested as of December 31, 2023.<sup>[3](https://www.sec.gov/Archives/edgar/data/1404912/000140491224000005/kkr-20231231.htm)</sup>

**Fund II.** KKR Global Impact Fund II SCSp has a June 2022 vintage and an investment period running to June 2028. Its Form D/A reports $1,619,281,800 sold and states total commitments to the fund and its parallel vehicles of $2,201,975,600.<sup>[2](https://www.sec.gov/Archives/edgar/data/1915608/000191560823000001/xslFormDX01/primary_doc.xml)</sup> KKR's 10-K filings report higher commitment figures: $2,704 million as of December 31, 2023<sup>[3](https://www.sec.gov/Archives/edgar/data/1404912/000140491224000005/kkr-20231231.htm)</sup> and $2,693 million as of December 31, 2024.<sup>[5](https://ir.kkr.com/media/document/d57ed064-3939-4af8-b8b2-b48cd07e2ed8/assets/KKR_-_2024.12.31_10-K.pdf?disposition=inline)</sup> These differ from the Form D/A figure; the Form D number is the amount reported on that filing, while the 10-K figures reflect KKR's fund-level reporting, and this article presents both rather than reconciling them.

Combining the two funds, the manager reported total commitments of US$4.1 billion as of June 30, 2025.<sup>[1](https://www.kkr.com/content/dam/kkr/disclosures/kkr-global-impact-fund-disclosure-statement-2025.pdf)</sup>

## Portfolio, deployment and exits

Almost all portfolio information comes from KKR's own reports. KKR's 2025 impact report summary states that as of Q1 2026 the platform had invested more than $3.0 billion through two funds in 23 closed investments contributing toward 13 SDGs, and that KKR overall has deployed over $10.9 billion in SDG-aligned investments since inception when co-investments by other KKR strategies are included.<sup>[6](https://www.marketscreener.com/news/kkr-sustainability-report-kkr-2025-impact-report-summary-ce7f5fdadf8cf525)</sup> Named transactions include Barghest, cited as an early deal at the Fund I close,<sup>[4](https://media.kkr.com/news-details?news_id=e0d7351c-7fcd-411d-a66b-a9df96860895)</sup> and three additions in 2024: IQGeo, Instructure, and PHINMA, according to KKR's 2024 sustainability report.<sup>[7](https://www.kkr.com/content/dam/kkr/sustainability/pdf/2024-sustainability-report.pdf)</sup>

The 2025 impact report summary lists 10 exits.<sup>[6](https://www.marketscreener.com/news/kkr-sustainability-report-kkr-2025-impact-report-summary-ce7f5fdadf8cf525)</sup> No source provides realized exit outcomes or returns for individual companies.

## References

1. [Disclosure Statement — Operating Principles for Impact Management, KKR Global Impact Funds I and II (June 30, 2025)](https://www.kkr.com/content/dam/kkr/disclosures/kkr-global-impact-fund-disclosure-statement-2025.pdf)
2. [SEC Form D/A — KKR Global Impact Fund II SCSp](https://www.sec.gov/Archives/edgar/data/1915608/000191560823000001/xslFormDX01/primary_doc.xml)
3. [KKR & Co. Inc. Form 10-K for fiscal year 2023](https://www.sec.gov/Archives/edgar/data/1404912/000140491224000005/kkr-20231231.htm)
4. [KKR Closes $1.3 Billion Global Impact Fund (Business Wire press release)](https://media.kkr.com/news-details?news_id=e0d7351c-7fcd-411d-a66b-a9df96860895)
5. [KKR & Co. Inc. Form 10-K for fiscal year 2024](https://ir.kkr.com/media/document/d57ed064-3939-4af8-b8b2-b48cd07e2ed8/assets/KKR_-_2024.12.31_10-K.pdf?disposition=inline)
6. [KKR 2025 Impact Report Summary (via MarketScreener)](https://www.marketscreener.com/news/kkr-sustainability-report-kkr-2025-impact-report-summary-ce7f5fdadf8cf525)
7. [KKR 2024 Sustainability Report](https://www.kkr.com/content/dam/kkr/sustainability/pdf/2024-sustainability-report.pdf)

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*Topic: Encyclopedia › Society and history › Economics and business › Finance › Venture capital and private equity › Private equity and buyout firms of the Americas › Growth equity firms*

*Initially written Sep 17, 2026 · Edited: Oct 11, 2026; Oct 15, 2026*

*Copyright 2026 EdgeChat AI, a subsidiary of Biostate AI.*

License: Edgepedia Community License 1.0, https://www.edgepedia.org/edgepedia/license