KKR Global Impact Fund II



Join an exclusive webinar

Thursday 7 April 2022 from 11.OO am CEST/Paris time

The above link will be active on Thursday 7 April from11.OO am CEST/Paris time.

Please refresh the page or delete your cache if you cannot access the webinar.


The webinar features the following speakers:

KKR exclusive webinar

…who will share their insights into the latest growth buyout fund: KKR Global Impact Fund II

trait

 


3-minute video – All you need to know about

KKR Global Impact Fund II

trait

KKR Global Impact Fund II: a global impact fund backed by an experienced private equity firm

 

Founded in 1976, KKR is a world leader in Private Equity. With offices in nearly 20 countries on 4 continents, today KKR has a headcount of more than 1,900, and Assets under Management of more than 470 billion dollars. Furthermore, its performance in Private Equity has been very robust, with a composite gross Internal Rate of Return above 25%1..

Moreover, KKR stands out for its leadership in ESG (Environmental, Social and Governance) as well as responsible investments. For more than 10 years, the KKR Group has continued to innovate in these areas, positioning itself as a pioneer and contributing to the implementation of industry standards.

Through its second impact fund, KKR seeks to invest in companies that offer private equity returns and whose core business addresses one or more of the 17 United Nations Sustainable Development Goals.

The KKR Impact II fund invests in North America, Europe and Asia, where its dedicated teams are based. It concentrates on 4 main investment themes:

•Climate Action, with, for example, companies facilitating the energy transition, managing environmental impact or adapting to climate change;

•Lifelong Learnings, with solutions promoting equitable access and quality of education;

•Sustainable Living, investing in, among other, responsible consumption and production, the circular economy as well as sustainable cities and infrastructure;

•Inclusive Growth covering improved social, digital and financial inclusion.

 


Investing in companies

that deliver impact through

underlying products/services

 

 

 

 

 

 

 

 

Active commitment to drive

value creation,

achieve incremental impact,

& manage risk

 

 

 

 

 

 

Investing in North America,

Europe and Asia

 

 

 

 

 

 

Private Equity strategy targeting
private equity-like returns2

Source: BNP Paribas Wealth Management & KKR – Q4 2021

1Past performance is not a reliable indicator of future performances. No guarantee is given on the success, profitability, return or benefit of this investment.  

2Forecasts and targets are not guaranteed

trait

 


An investment opportunity:

KKR Global Impact Fund II

Award


Accessing a global private equity impact fund backed by an experienced private equity firm

The KKR impact fund is a global PE impact fund, launched by an experienced PE platform with a global presence

Timing


Impact benefits from significant macro opportunities

    Contribution to key United Nations Sustainable Development Goals represents an estimated $12 trillion in investment opportunities by 20301

Positive Growth


A good track record  for the first KKR Impact fund

with a resilient

portfolio and PE returns2

Fund I generated a net IRR above 40%3 as of 31 December 2021, and has already delivered monetization events in five portfolio companies3.

Market Resume


Specific, objective and transparent impact reporting

KKR leverages on third-party frameworks and uses metrics that matter and reflect achieved impact

Fusée


A well-defined value creation playbook

    The first KKR Impact fund demonstrated its ability to create value through strategic partnerships, build-ups and business transformation

Innovation


The power of the global KKR platform 

The KKR dedicated impact team is supported by the full spectrum of KKR capabilities, which includes other investment teams and approximately 500 executives within the broader KKR capabilities

Source: BNP Paribas Wealth Management & KKR – Q4 2021

1United Nations Global Compact, 2017

2Forecasts and targets are not guaranteed

3Past performance is not a reliable indicator of future performances. No guarantee is given on the success, profitability, return or benefit of this investment.

 

trait



Our Speakers

Maxime Jouret - Head of Real Estate Products - BNP Paribas Wealth Management


Claire Roborel de Climens

Global Head of Private and Alternative Investments
BNP Paribas Wealth Management

Karen Sprogis - Managing Partner Blackstone


Robert Antablin

Partner & Co-Head of Global Impact
KKR

Anthony Guerra - Principal, Private Wealth Solutions - Blackstone


Elizabeth Seeger

Managing Director, Sustainable Investing
KKR

Anthony Guerra - Principal, Private Wealth Solutions - Blackstone


Yacine Boumahrat
Managing Director, Client and Partner Group
KKR

Since joining BNP Paribas Wealth Management in 2004, Claire Roborel de Climens has set up the Private Equity Group. In 2010 she was also nominated Head of Real Estate. In 2015, she became Head of the Private and Alternative Investments department, adding the Hedge Funds, Strategic-A (asset allocation service), Philanthropy Advisory and AgriFrance activities to her scope of responsibility. Claire is a member of various advisory boards of Global and European Private Equity and Real Estate funds. She sits on the board of Global General Partner, the AIFM manager of PERE feeder funds, and on the Supervisory Board of BNP Paribas Real Estate investment Management France (REIM). Prior to joining BNP Paribas Wealth Management, Claire worked 10 years for PAI Partners, a leading pan-European Private Equity firm, as a manager in the Finance Department, Investor Relations activities and then as an investor in the General Industrials sector where she was involved in many LBO transactions. She started her career as an auditor at Ernst & Young where she worked for 6 years for large industrial groups and Private Equity funds. Claire Roborel de Climens is a graduate of the EMLyon business school.

Robert Antablin (New York) joined KKR in 2005 and is Co-Head of KKR Global Impact, the firm’s private market investing platform focused on businesses that promote commercial solutions to global issues associated with economic development, environmental management, the energy transition, agricultural and food production and education and learning. He serves as a member of the firm’s Global Impact Investment and Portfolio Management Committees. Mr. Antablin currently serves on the boards of directors of Axius Water, Burning Glass, Monterra and Resource Environmental Solutions. Prior to joining KKR, Mr. Antablin was with Goldman, Sachs & Co.’s investment banking division in New York. Mr. Antablin holds a B.S. with highest distinction, Phi Beta Kappa, from the Schreyer Honors College of the Pennsylvania State University.

 

Elizabeth Seeger (Washington, D.C.) joined KKR in 2009 to help oversee the consideration of environmental, social, and governance (ESG) issues throughout KKR's investment process, including the management of KKR’s ESG-focused value creation programs for its portfolio companies. She is also a member of KKR’s Global Impact team. Ms. Seeger was previously a project manager in the corporate partnerships program of Environmental Defense Fund (EDF). Prior to EDF, she was a consultant with the Corporate Executive Board (CEB), where she advised companies from a broad range of industries in Europe and the United States. Before CEB, Ms. Seeger was an associate at the Environmental Law Institute, a non-profit organization focused on environmental law and policy research and education. She is a 2013 Aspen Institute First Movers Fellow and became a member of the Sustainability Accounting Standards Board in 2017. Ms. Seeger has close to 20 years of experience working on corporate environmental and social issues and earned a B.A. with honors from the University of Chicago and an M.B.A. from the Wharton School of the University of Pennsylvania.

 

 

Yacine Boumahrat (Paris) joined KKR in 2020 and is a Managing Director in the Client and Partner Group, responsible for the French and Benelux markets. Prior to joining KKR, Mr. Boumahrat was at Goldman Sachs Asset Management, where he headed the fund distribution team covering France and Monaco and co-headed the Benelux team for both listed and alternative strategies. Mr. Boumahrat graduated from ESSEC Business School, the Paris Bar School (Ecole de Formation du Barreau) and holds a post-graduate degree in International Economic Law from the University Paris Pantheon Sorbonne..

trait



Interested in this investment opportunity?

Ask RM

 

Contact your Relationship Manager to discuss

BNP Paribas Wealth Management Disclaimer

This document is communicated by the Wealth Management métier of BNP PARIBAS SA, a French limited liability company with share capital of EUR 2,499,597,122 whose registered office is located at 16 boulevard des Italiens 75002 Paris, France, registered with the Paris Trade and Companies Registry under number 662 042 449 supervised and authorised as a Bank by the European Central Bank ("ECB") and in France by the French “Autorité de Contrôle Prudentiel et de Résolution” (“ACPR”) and regulated by the French “Autorité des Marchés Financiers” (“AMF”) (hereinafter BNP Paribas).

PAI Partners VIII-1 SCSp (hereinafter Master Fund) is a Luxembourg special limited partnership (« Société en Commandite Spéciale »). Its General Partner is PAI Partners VIII GP S.à r.l., (hereinafter Master Fund’s GP) is a Luxembourg private limited liability company (“Société à Responsabilité Limitée”). The Master Fund will be managed by PAI Partners S.à r.l., a Luxembourg private limited liability company appointed by the Master Fund’s GP and authorized by the Luxembourg CSSF as an Alternative Investment Manager (hereinafter Master Fund’s AIFM).

PrivAccess VI - Europe LBO VIII is a compartment of PrivAccess VI SICAV RAIF SCA (hereinafter Feeder Fund), an investment company with variable capital structured in the form of a Multi-Compartment Reserved Alternative Investment Fund registered as a corporate partnership limited by shares and notified with the Luxembourg CSSF. It is managed by its General Partner: PrivAccess General Partner S.à.r.l. and Global General Partner SA which is an Alternative Investment Fund Manager (AIFM) authorized by the Luxembourg CSSF, appointed  to manage the Feeder Fund.

This material is confidential and intended solely for the use of the person to whom it has been delivered and must not be distributed, published or reproduced, in whole or in part nor may it be quoted or referred to in any document without the prior consent of BNP Paribas. This document is provided solely for the purpose of providing general information and shall not constitute an offer, a solicitation or an investment advice nor shall it form the basis of or be relied upon in connection with any subscription or commitment. In addition, this document and its content shall not in any way be construed as an advertisement, inducement or recommendation of any kind or form whatsoever. For the purposes herein, “BNP Paribas” means BNP Paribas SA and its respective affiliates and related corporations.

Although the information provided herein may have been obtained from published or unpublished sources considered to be reliable, and while all reasonable care has been taken in the preparation of this document, BNP Paribas does not make any representation or warranty, express or implied, as to its accuracy or completeness and does not accept responsibility for any inaccuracy, error or omission nor any liability for the use of or reliance on this document or any part of the information contained herein. Past performance is not a reliable indicator of future performance. BNP Paribas is not giving any warranties, guarantee or representation as to the expected or projected success, profitability, return, performance, result, effect, consequence or benefit (either legal, regulatory, tax, financial accounting or otherwise) of any interest.

Prior to making any commitment, the investor should take advice from his legal, tax and financial advisors. Subscribers should be in a position to fully understand the features of the subscription and be financially able to bear a loss of their investment and be willing to accept such risk. Save as otherwise expressly agreed in writing, BNP Paribas is not acting as financial adviser of, or in any fiduciary capacity to, the subscriber in any subscription.

An investment in the Feeder Fund should be conditioned upon the previous reading and understanding of its Issuing Document and its Subscription Agreement which are available in English only and which describe the rights and obligations of the investors. Therefore, prospective subscribers should not rely on any other information not contained in such Issuing Document and Subscription Agreement.

Under no circumstances will the Feeder Fund, PrivAccess General Partner S.à.r.l., Global General Partner SA, BNP Paribas, the Master Fund, the Master Fund’s GP, or the Master Fund’s AIFM pay or reimburse any current or future taxation in the subscribers’ country of origin, residence, domiciliation or wherever subsequent to the subscription, holding, conversion, sale or liquidation of ordinary shares in the Feeder Fund or in the Master Fund. The subscriber will be responsible for such payment or reimbursement.

No measures have been nor will be taken in any country or territory for the purposes of allowing a public offering of the investment described in this document, or the holding or distribution of any document relating to this investment. These ordinary shares are not recommended by any federal or state securities commission or any other regulatory authority. Furthermore, the foregoing authorities have not confirmed the accuracy or determined the adequacy of this document. BNP Paribas, PrivAccess General Partner S.à.r.l., Global General Partner SA, the Master Fund, the Master Fund’s GP and the Master Fund’s AIFM entities are separate legal entities and none of them is representing or acting as an agent for the other.

This document is not for distribution to US Persons and US Persons are not eligible to apply to become shareholders in the Feeder Fund. The ordinary shares of the Feeder Fund will be offered and sold only outside the United States to persons who are not US Persons, in reliance on Regulation S.

By accepting this documentation, the subscriber agrees to be bound by the foregoing limitations.

BNP Paribas SA (2022). All rights reserved