Home Real Estate Kayne Anderson Real Estate Raises $2.8B Fund

Kayne Anderson Real Estate Raises $2.8B Fund


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Kayne Anderson Real Estate, the real estate private equity arm of Kayne Anderson Capital Advisors LP, has closed its sixth opportunistic equity fund with $2.75 billion in capital commitments that it intends to invest in student housing, senior housing and medical office assets.

The fund, Kayne Real Estate Partners VI LP, significantly surpassed its original $2 billion goal and is the largest fund raised by Kayne Anderson Capital Advisors to date. It received strong support from existing investors as well as significant interest from a diverse base of new investors.

Pensions that have announced investments in the fund include: Teachers’ Retirement System of Louisiana; Baltimore City Fire & Police Employees’ Retirement System; New York State Common Retirement Fund; and Nebraska Investment Council, Lincoln, on behalf of the Omaha School Employees’ Retirement System.

The investor cited the combination of an…

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