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Kayne Anderson Overachieves by Raising $2.75B for Opportunistic Equity Fund
Boca Raton-based Kayne Anderson Real Estate, the real estate private equity arm of Kayne Anderson Capital Advisors, L.P., has closed its sixth opportunistic equity fund with $2.75 billion in capital commitments, above the fund’s original $2 billion target.
The oversubscribed fund, KAREP VI, is the largest raised by Kayne Anderson Capital Advisors to date and received support from existing investors as well as significant interest from a diverse base of new investors. The fund will invest in high-quality medical office, seniors housing and student housing assets.
With the closing of KAREP VI, KA Real Estate has completed more than $23 billion of gross investments across its equity and debt strategies and has invested in approximately 25 million square feet of medical office space, 17,400 seniors housing units, 50,000 student housing beds and more than 9,000 loans secured by assets across these target sectors, including two million multifamily units.
- ◦Financing
