Just closed: KKR raise $739m

 

KKR has closed its first Europe-focused real estate vehicle at $739 million. KKR Real Estate Partners Europe was launched in October 2014 with a €500 million target. Although this is the firm's first fund dedicated on the region, KKR has completed multiple European transactions since 2013 amounting to $1.3 billion. Investments include hotel, residential and retail properties across the United Kingdom, Germany, France, Spain, Italy, Ireland and Belgium.

Capital will be invested into real property, with ownership at the forefront of the investment portfolio, although equity and debt securities will be considered.

Maine Public Employees' Retirement system is just one of a diverse group of global investors, spanning pension funds, insurance companies, endowments, banks family offices and high net worth individuals.