KKR Targeting $2.5 Billion for Second Asia Real Estate Fund
- Fund to invest opportunistically in markets including Japan
- Fundraising may close as soon as the end of next year: people
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KKR & Co. is raising a second Asia real estate fund, targeting $2 billion to $2.5 billion to spend across the region, according to people familiar with the matter.
The new fund has amassed about $600 million since late 2022, and the US investment firm is seeking to finish fundraising by the end of 2024 to early 2025, said the people, who asked not to be identified as the matter is private.