KKR has raised $793 million to date for its KKR Real Estate Partners Americas II.Â
The New York-headquartered firm had set a $2 billion target and began fundraising in the fourth quarter of 2015.
One investor in the fund series is the Maine Public Employees’ Retirement System, which has earmarked $50 million to both REPA I and II.
The fund will target opportunistic strategy in North America's real estate sector.