KKR closed a $4.3 billion real estate fund aimed mainly at U.S. markets, The Real Deal reports.
The fund, dubbed KKR Real Estate Partners Americas III, has won the backing of “a diverse group of new and existing global investors, including public pensions, sovereign wealth funds, insurance companies, family offices, high net worth individual investors and other institutional investors,” the firm said.
KKR Real Estate Partners Americas, otherwise known as REPA III, is the company’’s third opportunistic fund. It closed more than two years after the second fund closed with $2 billion. Read more.