09:07 AM EDT, 07/30/2025 (MT Newswires) -- KKR (KKR) said Wednesday it has completed a $6.50 billion fundraise, including $5.60 billion in KKR Asset-Based Finance Partners II and about $1 billion from separately managed accounts.

The fundraise is focused on committing capital to privately originated and negotiated credit investments backed by financial and hard assets, the company said.

KKR Asset-Based Finance Partners II received support from new and existing investors worldwide, KKR added.