Fundraising - MAY 7, 2015

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

Kayne Anderson closes fund with $1b

by Zoë Wolff

Kayne Anderson Real Estate Advisors has closed its fourth fund. Kayne Anderson Real Estate Partners IV, the firm’s largest to date, raised more than $1 billion, exceeding its target size within eight months.

“We are extremely pleased with the strong support from our new and existing partners, which allowed us to quickly reach our fundraising target,” said Al Rabil, managing partner and CEO of Kayne Anderson Real Estate Advisors, in a statement.

The fund will focus on real estate opportunities such as medical office buildings, senior housing and off-campus student housing. Recent investors in the fund have included the $16.9 billion Teachers’ Retirement System of Louisiana.

Kayne Anderson Real Estate Partners III had its final close in May 2013, having

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy