New Mexico State commits $75m to Americas-focused opportunistic fund

The $23.1 billion New Mexico State Investment Council has committed $75 million to KKR Real Estate Partners Americas II, according to Charles Wollmann, director of communications, legislative and client relations for the pension fund.

The commitment begins a new relationship with KKR, a global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit and, through its strategic partners, hedge funds.

KKR Real Estate Partners Americas II, which launched in September 2015, is an opportunistic real estate fund seeking to raise $1.5 billion in total equity commitments, according to IREI’s FundTracker database.

The fund also received a $50 million commitment from the $12.6 billion Maine Public Employees’ Retirement System in 2016.

The fund’s predecessor, KKR Real Estate Partners Americ