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(Full text of a statement. Contact details below.)
(BW)(KKR-PRIVATE-EQUITY)(KPE.AS) KKR Private Equity Investors Discusses Pace of Investments
Business Editors
GUERNSEY, Channel Islands--(BUSINESS WIRE)--Jan. 31, 2007--KKR Private Equity Investors, L.P. (Euronext Amsterdam: KPE) discussed the pace of the investments made by its investment partnership, KKR PEI Investments, L.P. (the "Investment Partnership"), during the Citigroup Financial Services Conference.
KPE announced that, as of January 26, 2007, the Investment Partnership has funded investments in aggregate of $2.5 billion, excluding temporary investments.
In addition, the Investment Partnership is expected to fund at least $0.8 billion of additional capital, primarily in transactions previously announced by Kohlberg Kravis Roberts & Co. L.P. ("KKR"), within the next six months.
Finally, after taking into account the expected fundings, the Investment Partnership will have unfunded capital commitments to KKR's private equity funds of $1.7 billion.