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                               December 16, 2022

       Jason Carss
       General Counsel and Secretary
       KKR Infrastructure Conglomerate LLC
       30 Hudson Yards
       New York, NY 10001

                                                        Re: KKR Infrastructure
Conglomerate LLC
                                                            Amendment No. 2 to
Registration Statement on Form 10-12G
                                                            Filed November 28,
2022
                                                            File No. 000-56484

       Dear Jason Carss:

              We have reviewed your filing and have the following comments. In
some of our
       comments, we may ask you to provide us with information so we may better
understand your
       disclosure.

              Please respond to these comments within ten business days by
providing the requested
       information or advise us as soon as possible when you will respond. If
you do not believe our
       comments apply to your facts and circumstances, please tell us why in
your response.

            After reviewing your response and any amendment you may file in
response to these
       comments, we may have additional comments.

       Amended Registration Statement on Form 10-12G filed November 28, 2022

       We would not be able to operate our business according to our business
plans if we are required
       to register as an investment company . . ., page 48

   1.                                                   We note your risk
disclosure on pages 48-49 regarding the Company's intent to operate its
                                                        business in a manner
that allows the Company to be excluded from the definition of an
                                                        "investment company"
under section 3(a)(1)(A) or section 3(a)(1)(C) of the Investment
                                                        Company Act of 1940.
The disclosure does not provide us with a sufficient basis to
                                                        determine if the
Company falls outside the definition of investment company under either
                                                        section. To that end,
please provide us with a detailed written analysis of how the
                                                        Company's operation as
a holding company primarily engaged in the business of Joint
                                                        Ventures, which invest
in Infrastructure Assets, does not meet the criteria in either section.
                                                         Please include in your
analysis a precise calculation of the value of the Company   s
                                                        investment securities
as a percentage of the Company   s total assets (exclusive of
 Jason Carss
KKR Infrastructure Conglomerate LLC
December 16, 2022
Page 2
      Government securities and cash) on an unconsolidated basis under Section
3(a)(1)(C),
      noting for each asset, whether it is cash, a Government security, an
investment security, a
      security, or other asset. In your analysis of the Company's investment
company status
      under section 3(a)(1)(C), please explain in detail why the following risk
disclosure will be
      true: "The Company expects that its interests in most, if not all, of its
Joint Ventures, will
      not constitute    investment securities    for purposes of the 40% test.
  Please detail the
      factual and legal basis for the Company's apparent determination that
most, if not all, of
      its interests in Infrastructure Assets are excluded and will be excluded
from the definition
      of "investment securities." Further, if the Company intends to rely on an
exclusion from
      investment company status under the Investment Company Act of 1940,
please identify
      that exclusion and explain in detail why the Company satisfies it,
referring to specific
      aspects of the Company's business plan. Please include citations and
descriptions of any
      applicable staff or Commission guidance in all your discussions.
Item 9. Market Price of and Dividends on the Registrant's Common Equity and
Related
Unitholder Matters, page 124

2.    We note your response to prior comment 7. Please revise your template for
NAV per
      share disclosure to show the components of NAV at the relevant date, as
well as the
      breakdown of total NAV and NAV per share by class. You should also
identify the
      primary valuation method and key assumptions used for each material asset
type. Please
      also disclose the status of your redemption plan.
Exhibits

3.    We note that the Expense Limitation and Reimbursement Agreement filed as
Exhibit 10.3
      is between the Company and KKR DAV Manco LLC as the "Manager." Please
reconcile
      this disclosure with your disclosure in the registration statement that
KKR DAV Manager
      LLC is acting as your manager.
        We remind you that the company and its management are responsible for
the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action
or absence of
action by the staff.

        You may contact Howard Efron at (202) 551-3439 or Kristina Marrone at
(202) 551-
3429 if you have questions regarding comments on the financial statements and
related
matters. Please contact Pamela Long at (202) 551-3765 with any other questions.



                                                             Sincerely,
FirstName LastNameJason Carss
Comapany NameKKR Infrastructure Conglomerate LLC             Division of
Corporation Finance
                                                             Office of Real
Estate & Construction
December 16, 2022 Page 2
cc:
FirstName Mark Brod
          LastName