Kayne Anderson Capital Advisers closed the largest fund in its history with plans to target senior housing along with medical office and student housing in its overall strategy, reports Senior Housing News.
The opportunistic equity fund closed at $2.75 billion in capital investments, surpassing the $2 billion target set by the firm and the $2.5 billion estimates previously reported.
The fund, called KAREP VI, is the company’s sixth such opportunistic equity fund. It is substantially oversubscribed after strong support from current investors as well as significant interest from new investors. Read more.
