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KKR seeks at least US$1.5b for second US property fund

The firm aims to capitalise on robust investor demand for higher-yielding assets

Washington

KKR & Co is aiming to raise at least US$1.5 billion for its second US real estate fund, as the private equity firm co-founded by Henry Kravis and George Roberts capitalises on robust investor demand for higher-yielding assets, according to people with knowledge of the