KKR closed its latest European real estate fund, Real Estate Partners Europe II, at $2.2 billion, a spokeswoman confirmed.
The target size was not disclosed, the spokeswoman said.
The fund focuses on value-added and opportunistic real estate investments in Western Europe in sectors such as logistics, residential, student housing, hospitality and offices.
REPE II received commitments from new and existing investors globally, including public pension funds, sovereign wealth funds, insurance companies and endowments, a news release by KKR said Tuesday.
Among investors was the $17.6 billion Maine Public Employees Retirement System, Augusta, which committed up to $25 million in 2019.
REPE II is the successor fund of Real Estate Partners Europe I, the firm's first dedicated European real estate fund, which closed in June 2016 with $739 million in commitments.
