KKR Financial, a publicly traded REIT, will launch the KKR Strategic Capital Fund, confirmed spokeswoman Roanne Kulakoff. The hedge fund will focus on debt investments. Ms. Kulakoff declined to provide further details.
KKR Financial, founded in 2004, is affiliated with private equity manager Kohlberg Kravis Roberts. KKR Financial had $12.5 million in assets under management as of Sept. 30, according to its third-quarter earnings filing with the SEC.