KKR Infrastructure Exec Resigns
What happened
Andrew Jennings, a managing director at KKR Infrastructure, has resigned. This move is considered a surprise given Jennings' key role in major infrastructure deals, so watch for potential shifts in deal pipelines and team dynamics at KKR.
Why it matters
Andrew Jennings, who joined KKR in 2020, focused on infrastructure investments in Australia and New Zealand. He also held board positions at Ritchies Transport and Queensland Airports. Before KKR, Jennings was a sector lead for energy and utilities within QIC's global infrastructure business and worked at Deutsche Bank's corporate finance team in London and Sydney. At KKR, he reported to David Luboff, head of Asia-Pacific infrastructure. KKR has been actively investing in infrastructure, including a 74.25% stake in Queensland Airports for roughly A$3 billion. The firm also partnered with Global Infrastructure Partners to privatize CyrusOne in a $15 billion deal. KKR's Asia infrastructure franchise drove carried interest alongside its global infrastructure fund. The firm raised $548 million for its third pan-Asia infrastructure fund in Q4 2025. KKR's real assets AUM grew to $192 billion in Q4 2025.
Key numbers
- Andrew Jennings, who joined KKR in 2020, focused on infrastructure investments in Australia and New Zealand.
- KKR has been actively investing in infrastructure, including a 74.25% stake in Queensland Airports for roughly A$3 billion.
- The firm also partnered with Global Infrastructure Partners to privatize CyrusOne in a $15 billion deal.
- The firm raised $548 million for its third pan-Asia infrastructure fund in Q4 2025.
Sources
Quick answers
What happened in KKR Infrastructure Exec Resigns?
Andrew Jennings, a managing director at KKR Infrastructure, has resigned. This move is considered a surprise given Jennings' key role in major infrastructure deals, so watch for potential shifts in deal pipelines and team dynamics at KKR.
Why does KKR Infrastructure Exec Resigns matter?
Andrew Jennings, who joined KKR in 2020, focused on infrastructure investments in Australia and New Zealand. He also held board positions at Ritchies Transport and Queensland Airports. Before KKR, Jennings was a sector lead for energy and utilities within QIC's global infrastructure business and worked at Deutsche Bank's corporate finance team in London and Sydney. At KKR, he reported to David Luboff, head of Asia-Pacific infrastructure. KKR has been actively investing in infrastructure, including a 74.25% stake in Queensland Airports for roughly A$3 billion. The firm also partnered with Global Infrastructure Partners to privatize CyrusOne in a $15 billion deal. KKR's Asia infrastructure franchise drove carried interest alongside its global infrastructure fund. The firm raised $548 million for its third pan-Asia infrastructure fund in Q4 2025. KKR's real assets AUM grew to $192 billion in Q4 2025.
