- April 1, 2013: Vol. 25, Number 4

To read this full article you need to be subscribed to Institutional Real Estate Americas

TPG Capital, KKR take aim at new real estate funds


Two major private equity firms have announced plans to launch some first-time funds dedicated to real estate investments.

TPG Capital Management is planning its first real estate fund with a target of at least $1 billion, while KKR & Co. is preparing to market its first debt fund dedicated to real estate investments with an initial capital allotment of $500 million.

TPG’s plans were broken by The Wall Street Journal, which reported the private equity company expects to start raising money for the fund in the second half of 2013. If TPG raises the $1 billion it is targeting, it will create the second-largest initial property fund ever, trailing only the $1.6 billion that Lehman Bros. raised in 2001 with its first fund, accordi

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