iCapital KKR Private Markets Fund | ||||||||||||
CONSOLIDATED PORTFOLIO OF INVESTMENTS (Unaudited) | ||||||||||||
December 31, 2021 | ||||||||||||
Investment Strategy | Geographic Region | Cost | Fair Value | % of Net Assets | Initial Acquisition Date | |||||||
INVESTMENTS IN PRIVATE EQUITY FUNDS (a) - 91.96 % | ||||||||||||
CO-INVESTMENTS - 16.51 % | ||||||||||||
Independence Energy Co-Invest L.P. (b) * | Buyout | Americas | $ 10,166,473 | $ 5,129,003 | 0.93% | 2/26/2018 | ||||||
KKR Banff Co-Invest L.P. * | Buyout | Americas | 10,000,000 | 17,000,000 | 3.08% | 9/28/2018 | ||||||
KKR Byzantium Infrastructure Co-Invest L.P. * | Infrastructure | Europe | 6,435,450 | 6,843,402 | 1.24% | 10/3/2017 | ||||||
KKR Cape Co-Invest L.P. * | Growth | Americas | 5,000,000 | 5,000,000 | 0.91% | 11/12/2021 | ||||||
KKR Caribou Co-Invest L.P. * | Growth | Americas | 525,000 | 1,896,225 | 0.34% | 2/26/2018 | ||||||
KKR Element Co-Invest L.P. * | Buyout | Americas | - | 359 | 0.00% | 8/12/2016 | ||||||
KKR Enterprise Co-Invest AIV B L.P. * | Buyout | Americas | 2,294,701 | 5,976,519 | 1.08% | 7/14/2020 | ||||||
KKR Enterprise Co-Invest L.P. * | Buyout | Americas | 20,000,000 | - | 0.00% | 9/6/2018 | ||||||
KKR Sigma Co-Invest L.P. * | Buyout | Europe | 7,500,000 | 11,718,378 | 2.12% | 6/11/2018 | ||||||
LC Sports Pte. Ltd. (c) * | Buyout | Asia | 2,282,797 | 2,240,135 | 0.41% | 11/2/2018 | ||||||
Nutraceutical Investco LP (c) * | Buyout | Americas | 1,355,241 | 2,312,529 | 0.42% | 7/15/2019 | ||||||
OnyxPoint Permian Equity Feeder III LLC (c)* | Buyout | Americas | 2,723,512 | 3,981 | 0.00% | 9/7/2018 | ||||||
Uno Co-Invest L.P. (c) * | Buyout | Americas | 15,000,000 | 31,500,000 | 5.70% | 6/7/2017 | ||||||
WestCap Hopper 2021 Co-Invest, LLC (c)* | Growth | Americas | 1,520,990 | 1,553,809 | 0.28% | 9/23/2021 | ||||||
TOTAL CO-INVESTMENTS | 84,804,164 | 91,174,340 | 16.51% | |||||||||
PRIMARY INVESTMENTS - 45.55 % | ||||||||||||
Bridge Growth Partners (Parallel), L.P. (c) * | Growth | Americas | 855,577 | 1,057,482 | 0.19% | 2/23/2016 | ||||||
HPH Specialized International Fund 1, L.P. (c) * | Buyout | Americas | 652,886 | 11,834 | 0.00% | 10/9/2015 | ||||||
KKR Americas Fund XII L.P. | Buyout | Americas | 60,771,112 | 120,374,428 | 21.79% | 3/31/2017 | ||||||
KKR Asian Fund III L.P. | Buyout | Asia | 46,930,300 | 81,602,471 | 14.77% | 3/31/2017 | ||||||
KKR European Fund IV, L.P. | Buyout | Europe | 3,315,944 | 4,273,737 | 0.77% | 12/17/2015 | ||||||
KKR European Fund V, L.P. SCSp | Buyout | Europe | 17,751,450 | 22,861,253 | 4.14% | 11/5/2018 | ||||||
KKR Health Care Strategic Growth Fund L.P. * | Growth | Americas | 9,240,547 | 11,095,534 | 2.01% | 8/4/2017 | ||||||
KKR Next Generation Technology Growth Fund II SCSp (b) * | Growth | Americas | 3,256,463 | 4,750,985 | 0.86% | 7/11/2019 | ||||||
L Catterton Asia 3 LP (c) | Buyout | Asia | 1,686,520 | 1,477,342 | 0.27% | 12/4/2018 | ||||||
Oak Hill Capital Partners IV, L.P. (c) | Buyout | Americas | 505,014 | 555,997 | 0.10% | 3/31/2017 | ||||||
OHCP IV BC S, L.P. (c) * | Buyout | Americas | 342,786 | 342,786 | 0.06% | 12/23/2021 | ||||||
Providence Strategic Growth Europe L.P. (b,c) | Growth | Europe | 670,319 | 801,493 | 0.14% | 11/11/2019 | ||||||
RB Equity Fund II-A, L.P. (c)* | Growth | Americas | 767,616 | 936,397 | 0.17% | 12/3/2018 | ||||||
The Resolute Fund IV, L.P. (c) | Buyout | Americas | 826,332 | 1,521,596 | 0.28% | 9/28/2018 | ||||||
TOTAL PRIMARY INVESTMENTS | 147,572,866 | 251,663,335 | 45.55% | |||||||||
SECONDARY INVESTMENTS - 29.90 % | ||||||||||||
Artisan Partners Asset Management, Inc. TRA (c,d) | Credit | Americas | 2,864,801 | 3,202,741 | 0.58% | 10/12/2018 | ||||||
Charles River Partnership XIII, L.P. (c) * | Growth | Americas | 31,567 | 235,657 | 0.04% | 6/29/2018 | ||||||
Eurazeo Capital IV A SCSp (c) | Buyout | Europe | 2,202,676 | 2,357,223 | 0.43% | 1/28/2019 | ||||||
Eurazeo Capital IV D SCSp © | Buyout | Europe | 923,029 | 738,649 | 0.13% | 1/28/2019 | ||||||
Foundation Capital III L.P. (c) * | Growth | Americas | 102 | 1,555 | 0.00% | 6/29/2018 | ||||||
Foundation Capital V L.P. (c) * | Growth | Americas | 3,410 | 195,225 | 0.04% | 6/29/2018 | ||||||
Foundation Capital VI L.P. (c) * | Growth | Americas | 161,147 | 355,245 | 0.06% | 6/29/2018 | ||||||
Foundation Capital VII L.P. (c) * | Growth | Americas | 580,590 | 1,206,242 | 0.22% | 6/29/2018 | ||||||
Foundation Capital VIII L.P. (c) * | Growth | Americas | 700,010 | 7,305,962 | 1.32% | 6/29/2018 | ||||||
GA Continuity I GP, L.P. (c) * | Buyout | Americas | 3,527,166 | 3,583,301 | 0.65% | 6/22/2021 | ||||||
Icon Partners V, L.P. (c) | Buyout | Americas | 4,444,444 | 4,444,444 | 0.80% | 12/22/2021 | ||||||
KKR 2006 Fund L.P . (b) | Buyout | Americas | 13,780,647 | 9,542,084 | 1.73% | 12/31/2015 | ||||||
KKR 2006 Fund (Overseas) L.P. | Buyout | Americas | 9,554,332 | 2,935,904 | 0.53% | 12/31/2015 | ||||||
KKR Asian Fund L.P. * | Buyout | Asia | 1,757,395 | (144,113) | -0.03% | 12/29/2016 | ||||||
KKR Asian Fund (Ireland III MIT) I L.P. * | Buyout | Asia | 1,088,708 | 249,125 | 0.05% | 12/29/2016 | ||||||
KKR Asian Fund II Private Investors Offshore, L.P. (c) | Buyout | Asia | 3,203,151 | 2,739,717 | 0.49% | 9/30/2017 | ||||||
KKR China Growth Fund, L.P. | Growth | Asia | 12,654,679 | 7,607,626 | 1.38% | 6/29/2018 | ||||||
KKR European Fund III, L.P. * | Buyout | Europe | 2,321,071 | 880,713 | 0.16% | 12/31/2015 | ||||||
KKR Gaudi Investors L.P. * | Buyout | Europe | 8,623,313 | 8,886,057 | 1.61% | 5/4/2017 | ||||||
KKR Lending Partners II L.P. (b) * | Credit | Americas | 2,678,731 | 1,031,128 | 0.19% | 3/31/2017 | ||||||
KKR North America Fund XI L.P. (b) | Buyout | Americas | 18,546,038 | 17,978,634 | 3.25% | 10/29/2015 | ||||||
KKR North America Fund XI (Indigo) L.P. (b)* | Buyout | Americas | 1,656,323 | 18,409,856 | 3.33% | 10/29/2015 | ||||||
KKR North America Fund XI (Wave) L.P. (b)* | Buyout | Americas | 1,158,120 | 621,749 | 0.11% | 10/29/2015 | ||||||
KKR Real Estate Partners Americas II L.P. | Real Estate | Americas | 20,183,188 | 18,416,532 | 3.33% | 5/31/2018 | ||||||
L Catterton VIII Offshore, L.P. (b,c) | Buyout | Americas | 2,276,933 | 2,687,282 | 0.49% | 9/27/2019 | ||||||
Lime Rock Partners IV AF, L.P. (c) | Buyout | Americas | 5,063,776 | 7,419,716 | 1.34% | 6/21/2018 | ||||||
Menlo Ventures IX LP * | Growth | Americas | 38,532 | 90,975 | 0.02% | 12/31/2017 | ||||||
Menlo Ventures X LP * | Growth | Americas | 2,493,985 | 210,982 | 0.04% | 12/31/2017 | ||||||
iCapital KKR Private Markets Fund | ||||||||||||
CONSOLIDATED PORTFOLIO OF INVESTMENTS (Unaudited) (Continued) | ||||||||||||
December 31, 2021 | ||||||||||||
Investment Strategy | Geographic Region | Cost | Fair Value | % of Net Assets | Initial Acquisition Date | |||||||
SECONDARY INVESTMENTS (Continued) - 29.90 % | ||||||||||||
Menlo Ventures XI LP * | Growth | Americas | 5,063,680 | 1,898,877 | 0.34% | 12/31/2017 | ||||||
Oak Hill Capital Partners III (AIV I), L.P. * (c) | Buyout | Americas | $ 109,786 | $ 31,331 | 0.01% | 3/17/2017 | ||||||
Oak Hill Capital Partners III, L.P. (c) | Buyout | Americas | 785,802 | 249,433 | 0.05% | 3/17/2017 | ||||||
OHCP III BC RO, L.P. (c) * | Buyout | Americas | 7,287,358 | 7,287,358 | 1.32% | 12/31/2018 | ||||||
Orchid Asia III, L.P. (c) * | Buyout | Asia | 932,796 | 1,687,448 | 0.31% | 8/15/2016 | ||||||
Pegasus WSJLL Fund, L.P. (c) | Buyout | Americas | 5,073,975 | 5,073,975 | 0.92% | 12/14/2021 | ||||||
Pueblo Co-Invest-A LP (c) | Growth | Americas | 3,193,131 | 6,452,796 | 1.17% | 6/25/2019 | ||||||
RB Equity Fund I-A LP (c) * | Growth | Americas | 3,587,692 | 9,401,609 | 1.70% | 12/31/2018 | ||||||
Salient Solutions LLC (c,e)* | Growth | Americas | - | 1,895 | 0.00% | 2/10/2016 | ||||||
The Resolute Fund II Continuation Fund, L.P. (c) | Buyout | Americas | 3,436,987 | 3,626,501 | 0.66% | 8/31/2018 | ||||||
Warburg Pincus XI (ASIA), L.P. (c) * | Growth | Asia | 6,902,405 | 5,266,350 | 0.95% | 9/30/2017 | ||||||
Yorktown Energy Partners IX, L.P (b,c)* | Buyout | Americas | 327,161 | 220,553 | 0.04% | 9/30/2018 | ||||||
Yorktown Energy Partners VI, L.P (b,c) * | Buyout | Americas | 63,741 | 30,555 | 0.01% | 9/30/2018 | ||||||
Yorktown Energy Partners VII, L.P (b,c) | Buyout | Americas | 180,486 | 66,395 | 0.01% | 9/30/2018 | ||||||
Yorktown Energy Partners VIII, L.P (b,c) | Buyout | Americas | 575,729 | 303,583 | 0.05% | 9/30/2018 | ||||||
Yorktown Energy Partners X, L.P (b,c) | Buyout | Americas | 539,050 | 414,027 | 0.07% | 9/30/2018 | ||||||
TOTAL SECONDARY INVESTMENTS | 160,577,643 | 165,202,897 | 29.90% | |||||||||
TOTAL INVESTMENTS IN PRIVATE EQUITY FUNDS | $ 392,954,673 | $ 508,040,572 | 91.96% | |||||||||
COMMON STOCK- 0.00 % ** | Shares | |||||||||||
ENERGY - 0.00 % ** | ||||||||||||
Antero Midstream (Common Stock) ^ (b) | 1,600 | Americas | 15,480 | 15,488 | 0.00% | 12/28/2021 | ||||||
TOTAL COMMON STOCK | $ 15,480 | $ 15,488 | 0.00% | |||||||||
TOTAL INVESTMENTS - 91.96 % (Cost - $392,970,153) (f) | $ 508,056,060 | |||||||||||
OTHER ASSETS LESS LIABILITIES - 8.04 % | 44,422,745 | |||||||||||
NET ASSETS - 100.00 % | $ 552,478,805 | |||||||||||
* Non-income producing. | ||||||||||||
^ Common stock received as an in-kind distribution from Yorktown Energy Partners VII and Yorktown Energy Partners VIII LP. | ||||||||||||
(a) Securities restricted to resale represents $508,040,572 or 91.96% of net assets. | ||||||||||||
(b) All or part of these investments are holdings of iKF, LLC, a wholly-owned subsidiary of the Master Fund. | ||||||||||||
(c) The fair value of this investment is determined using significant unobservable inputs and is classified as level 3 on the GAAP hierarchy. | ||||||||||||
(d) Artisan Partners Asset Management TRA - A tax receivable agreement (“TRA”) with Artisan Partners Asset Management (NYSE: APAM) was acquired from a private equity fund in a secondary transaction. | ||||||||||||
(e) Salient Solutions LLC - An existing equity co-investment interest in Salient Solutions LLC, a technology company, was acquired from a private equity fund in a secondary transaction. | ||||||||||||
(f) The fair value of total investments consists of the following regions: | Cost | Fair Value | % of Net Assets | |||||||||
Americas | $ 265,788,150 | $ 345,969,054 | 62.62% | |||||||||
Asia | $ 77,438,751 | $ 102,726,101 | 18.59% | |||||||||
Europe | $ 49,743,252 | $ 59,360,905 | 10.75% | |||||||||
Total Investments | $ 392,970,153 | $ 508,056,060 | 91.96% |
- Company Dashboard
- Filings
-
NPORT-P Filing
Altegris KKR Commitments Master Fund NPORT-PiCapital KKR Private Markets Fund (Dec 2021 report)
Filed: 1 Mar 22, 2:40pm