KKR, a leading global investment firm, today announced it is joining with William K. “Dan” Daniel, formerly a senior executive at Danaher Corporation (“Danaher”), to pursue opportunities to acquire an industrial business headquartered in the United States.
Public pension funds invested in malls, apartments and offices over the last decade in search of higher returns. Now they are grappling with how much those real-estate investments are worth in a world transformed by Covid-19.
A Florida-based employees retirement system will consider maiden allocations to asset classes including private equity, private credit and value-add real estate as part of an asset allocation.