The firm itself will commit about US$250 million in capital, and potential investors - also known as limited partners - include sovereign funds and pension funds, they said.
HONG KONG (Mar 21): Global investment powerhouse KKR & Co Inc is raising its first Asia-focused real estate fund, targeting US$1.5 billion ($2 billion) as it looks to deepen its real estate portfolio in the region, said people with knowledge of the matter.
The New York-headquartered private equity firm is moving toward first-close of the fund late in the second quarter, the people said, declining to be named as the information is confidential.
