The Alaska Retirement Management Board approved a new commitment to real estate totaling $50 million to KKR Real Estate Americas IV, according to meeting materials from the March 7 Board meeting.
KKR is an existing relationship for the pension fund, previously investing in KKR Real Estate Partners Americas II, and III.
KKR Real Estate Partners Americas II and III previously closed with $2 billion and $4.3 billion in commitments respectively.
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