Private equity giant KKR & Co Inc has achieved a significant milestone with the completion of its second global impact fund, dedicated to investments that promote sustainability and social equity. The fund has garnered an impressive $2.8 billion in commitments, signaling growing investor interest in advancing causes aligned with a positive impact on society and the environment. Ken Mehlman and Robert Antablin, the co-heads of KKR's global impact fund, shared insights in an interview with Reuters. They attributed the fund's remarkable success to the increasing opportunities for capital deployment in areas that drive sustainability and social equity. This surge in interest has resulted in commitments from investors that more than double the size of their first impact fund, which raised $1.3 billion in 2020. "The resiliency of our portfolio and growth in our strategy reflect the tailwinds in our business," stated Mehlman.