K•••• A••••••• C••• R••• E•••••• L•••

Gross asset value

$2.1B GAV 2024assets on the filing date; never fund size, commitments or dry powder

Beneficial owners

488

Minimum investment

$10.0M

Ownership

adviser and related 3%, funds of funds 11%, non-US 19%

Structure

feeder7.B.(1) feeder fund = Y

Exclusion

3(c)(7)

Jurisdiction

DE, United States

First reported

Mar 29, 2018

Last reported

2024

Vintage

2018basis: adv_first_reported

Name says

Core (C•••)

Lifecycle

Matureassets within 6% of the year before, 7 years reported

Admission

sworn as a Real Estate Fund

A holding binds to a VEHICLE only when the owner name carries the vehicle’s stem and numeral; most holdings bind to the manager alone.

• V••••••• R••••••••• S••••• •••• stem_sequence$150M committed, as of Aug 12, 2026 varetire.org
• S•••• F••••• F••••••••• I•• exact_name$4.0M fair value, as of Dec 31, 2024 apps.irs.gov
• T•••• F••••••••• exact_name$16.2M fair value, as of Dec 31, 2024 apps.irs.gov

• E••••••• G•••• L••••• placement agent of, third party
• A•••••• F•••• M••••••••• P•• L•••••• placement agent of, third party
• M•••••• C•••••• S••••••• L••• placement agent of, third party
• P••••• S••• placement agent of, third party
• M•••••• C•••••• L•••••• placement agent of, third party

• Vehicle first reported Mar 29, 2018 (observed) K•••• A••••••• C••• R••• E•••••• L••• first reported on Form ADV by K•••• A••••••• C•••••• A••••••• L•, GAV $100,700,000