KKR has so far raised $6.8bn (€6.2bn) for its global open-ended core infrastructure fund, according to an investor.

Arkansas Teacher Retirement System (ARTS) has disclosed in a meeting document that it has approved a $25m commitment to the KKR Diversified Core Infrastructure Fund.

In May last year, IPE Real Assets reported that the open-ended KKR fund had raised £3bn at the time.

ARTS said in the meeting document that as a result of the strong fundraising, KKR now has around a nine-month entry queue for newly committed capital to be called.

The fund’s announced deals include a €971m investment for a 49% stake in Spanish dark-fibre company Reintel, the acquisition of Clearway Energy’s US thermal business for $1bn a $755m investment made for a 33% stake in an Australian energy firm Spark Infrastructure.

To read the latest edition of the latest IPE Real Assets magazine click here.