Kennedy Wilson expanded its global debt platform with a new $700 million partnership with an unnamed global institutional investor.
The new $700 million debt investment platform grows the firm’s overall global debt portfolio to $3 billion in assets. The partnership will target loans secured by high-quality real estate in the U.K. and Europe. Kennedy Wilson said it expects an average ownership of 5-10% across its global debt platform and will earn management fees for its role as investment manager.
The overall platform, which includes partners across insurance and sovereign wealth, invests . . .
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators