Full commitment of capital signals new phase of growth
Edmonton, Alberta — The Real Estate Equity Partners team at KV Capital is pleased to announce its debut real estate equity investment vehicle, KV RE Equity Partners Fund I LP, has committed all its capital in real estate development projects across Western Canada.
Launched in the summer of 2022, Fund I raised and committed $46.5 million of investor capital into mid-size real estate projects in Western Canada with development horizons of two to four years.
“Launching a new fund is always a significant milestone,” says Real Estate Equity Partners President Darin Rayburn. “We are extremely proud of the seasoned investors and dedicated partners that Fund I attracted. Our team’s rigorous due diligence and strategic capital deployment have ensured projects with appropriate risk-adjusted returns are pursued, leveraging our longstanding industry expertise.”
Development partners of Fund I include Anthem Properties, Apex Group, Avalon Master Builder, Slokker Homes, Troika Management Group, Whitemud Business Park, and StoreWest Bluebird Partners.
Fund I sought to invest in projects sponsored by experienced developers looking for $2 to $10 million in equity. Its targeted annualized internal rate of return to investors is 10 to 14 percent.
“We invest in markets we know, and KV knows real estate,” Rayburn adds.
The full commitment of Fund I comes well ahead of the preliminary estimated schedule for capital commitment. “The pace at which we have found projects that fit Fund I’s mandate demonstrates the demand for this type of partnership,” says Rayburn. “We do more than fund projects—we partner with developers.”
Fund I will return capital plus profits to investors within a five to seven-year horizon.
“The completion of this fund is just the beginning for this program,” Rayburn states.
The KV Real Estate Equity Partners team will have more exciting news to share soon. Rayburn and the rest of the KV Capital team welcome inquiries from potential developer partners and investors.
About KV Capital
Founded in 2006 and based in Edmonton, Alberta, KV Capital is a Canadian, alternative investment fund manager with approximately $450 million in committed assets under management. KV Capital’s funds are split into a diverse range of asset classes including private operating businesses, real estate and mortgages. KV Capital has been on the Profit 500 ranking of Canada’s fastest-growing companies for six consecutive years and has funded over $1.5 billion in investments across several different asset classes.
