Goldman Sachs Asset Management is set to acquire a minority stake in Kayne Anderson Real Estate, an investment firm focused on alternative real estate asset classes. Financial terms were not disclosed. This transaction will facilitate the continued strategic development of KA Real Estate by providing capital that will be reinvested in the business and utilizing Petershill's global platform to provide strategic support for new platform initiatives and expanding an already first-class base of global limited partners. "We are excited to partner with KA Real Estate - a leading alternative real estate player in North America – and to support them on the next phase of their development," Robert Hamilton Kelly, Goldman Sachs Managing Director.