KKR has announced the final closing of KKR Real Estate Partners Americas III, a $4.3 billion fund dedicated to opportunistic real estate investments primarily in the U.S.
In conjunction with dedicated funds raised in Asia and Europe over the last 12 months, KKR's global opportunistic real estate equity strategies oversee more than $8 billion across three active regional funds.
REPA III is the successor fund to KKR Real Estate Partners Americas II, which completed fundraising in January 2018 with $2 billion in capital commitments.
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