Kohlberg Kravis Roberts has continued its push into other alternative assets by making a senior appointment in its team covering real estate, a sector that has already brought success to its great rival Blackstone Group.

KKR said in a statement that it has hired Ralph Rosenberg as a managing director to lead its global real estate investment business. Rosenberg previously spent 17 years at Goldman Sachs, where he was a partner between 1998 and 2006 before leaving to set up R6 Capital Management.