OCTOBER 4, 2012

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

Sign in Start Your Free Trial Now View Purchase Options

KTR raises $193 million for third industrial fund

by Andrea Waitrovich

KTR Capital Partners, an industrial-focused private equity real estate investment firm based in New York City, has raised $193 million for its value-added fund KTR Industrial Fund III, according to a filing with the Securities and Exchange Commission. The vehicle was launched in April 2012 with a $750 million fundraising goal. It aims to hold a final close in March 2013.

The value-added fund series focuses on acquiring, developing and operating industrial assets in North America.

Recently, the $13 billion Kansas Public Employees Retirement System committed $40 million to KTR Industrial Fund III. The pension fund previously invested in the fund series, making a $20 million commitment to the $700 million KTR Industrial Fund II, which closed in 2009.KTR Industrial Fund II is the successor to the Keystone Industrial Fund, which closed with $505 million in 2005.

KTR Capital Partnerswas established in

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