The New York State Common Retirement Fund (NYSCRF) has committed $250 million to KKR Real Estate Partners Americas IV (REPA IV), according to the January monthly transaction report from New York State Comptroller Thomas P. DiNapoli.
REPA IV is seeking to raise $4 billion and is a closed-end, diversified, opportunistic fund that is focused primarily on transitional assets, real estate companies and platforms and distressed or complex situations across the real estate sectors.
NYSCRF has an existing relationship with KKR, including a $300 million commitment to REPA III in July 2021.
For more information about this commitment or other funds, please visit our IREI.Q database.