realestate

Kayne Anderson RE Closes Opportunistic Debt Fund at $1.7 Billion

Kayne Anderson Real Estate Closes Second Opportunistic Debt Fund with $1.69 Billion in Investor Commitments.

K
ayne Anderson Real Estate has closed its second opportunistic debt fund, securing $1.69 billion from institutional investors. The firm's Kayne Anderson Real Estate Opportunistic Debt II (KAROD II) exceeded its initial target of $1.5 billion, bringing the company's total available capital to $4.6 billion. This investment strategy targets commercial real estate assets with a focus on distressed debt and other opportunistic opportunities.

Kayne Anderson RE closes opportunistic debt fund at $1.7 billion, exceeding target.