News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

KKR raises $780m for its first REIT

Kohlberg Kravis Roberts, the US private equity giant, has raised $780m (€632m) for its first Real Estate Investment Trust (REIT.)

The new vehicle, called KKR Financial Corp, will mainly invest in mortgage-backed securities, tranches of commercial mortgages and bonds issued by other REITs.

WSJ Logo