KKR’s highways InvIT aims to double AUM to over $5.5 bn in growth drive

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Highways Infrastructure Trust (HIT), the roads-focused infrastructure investment trust (InvIT) set up by private equity firm KKR, aims to double its assets under management over the next three-four years, a top executive told VCCircle.  HIT, which is raising an additional Rs 5,501 crore from KKR, the Ontario Teachers’ Pension Plan (OTPP) ......