COMBINING THE TALENT OF A PREMIER ALTERNATIVE INVESTMENT PROVIDER AND PROVEN PRIVATE EQUITY EXPERTS.

Investment Adviser

iCAPITAL REGISTERED FUND ADVISER LLC

As the Fund’s investment adviser, iCapital Registered Fund Adviser LLC determines the final investment selection and portfolio construction.

  • Backed by the experience of iCapital Network
  • Four senior investment professionals with over 50 years of combined industry experience
  • Expertise in portfolio construction, risk management, and capital allocation

Sub-Adviser

STEPSTONE GROUP LP

As the Fund’s sub-adviser, StepStone Group recommends primary, secondary, and co-investment opportunities, and advises on portfolio construction.

  • Information and sourcing advantages provided by diverse investment activities
  • Oversees $313 billion in total capital allocations, including approximately $72 billion of assets under management
  • Over 550 professionals on five continents


There is no guarantee that any investment will achieve its objectives, generate profits or avoid losses.

As of September 30, 2020.
References to “assets under management” or “AUM” represent the assets managed by KKR or its strategic partners as to which KKR is entitled to receive a fee or carried interest (either currently or upon deployment of capital) and general partner capital. KKR calculates the amount of AUM as of any date as the sum of: (i) the fair value of the investments of KKR’s investment funds; (ii) uncalled capital commitments from these funds, including uncalled capital commitments from which KKR is currently not earning management fees or carried interest; (iii) the fair value of investments in KKR’s co-investment vehicles; (iv) the par value of outstanding CLOs (excluding CLOs wholly-owned by KKR); (v) KKR’s pro-rata portion of the AUM managed by strategic partnerships in which KKR holds a minority ownership interest and (vi) the fair value of other assets managed by KKR. The pro-rata portion of the AUM managed by strategic partnerships is calculated based on KKR’s percentage ownership interest in such entities multiplied by such entity’s respective AUM. KKR’s calculation of AUM may differ from the calculations of other asset managers and, as a result, KKR’s measurements of its AUM may not be comparable to similar measures presented by other asset managers. KKR’s definition of AUM is not based on the definitions of AUM that may be set forth in agreements governing the investment funds, vehicles or accounts that it manages and is not calculated pursuant to any regulatory definitions.

1 KKR has completed private equity transactions with approximately $630 billion of total enterprise value

KKR information is provided by KKR or derived from materials approved for use by KKR and is believed to be accurate and reliable. iCapital Registered Fund Adviser LLC cannot guarantee the accuracy of, or be responsible for the timeliness, completeness or suitability for use of such information. Information is as of September 30, 2020 unless otherwise noted. KKR is neither a sponsor, promoter, adviser nor affiliate of the iCapital KKR Private Markets Fund.

 

* References herein to the “Fund” or “iCapital KKR PM Fund” in each instance refer to the iCapital KKR Private Markets Fund, unless specified otherwise.