BEVERLY HILLS, CA—Real estate investment and services firm Kennedy Wilson has completed fundraising for Kennedy Wilson Real Estate Fund IV with capital commitments of $303 million, including $15 million from Kennedy Wilson.

“We are extremely appreciative for the support of our investors,” Kennedy Wilson CEO and Chairman William McMorrow said in a statement. “We believe the current environment provides an excellent opportunity to generate favorable returns.”

Fund IV, through wholly-owned investments and joint ventures, has amassed a portfolio of 26 investments throughout the Western U.S. since mid-2011. The aggregate purchase price of these investments exceeds $1 billion. Fund IV’s assets are diversified across property types, including multifamily, office, retail and residential properties.

Donald Herrema, executive vice chairman of Kennedy Wilson, commented, “Fund IV follows Kennedy Wilson’s long-held strategy of leveraging its real estate services platform in sourcing attractive investments, and our strong track record has attracted high quality new investors.”

Fund IV's investor base spans the U.S., Europe and the Middle East and includes pension funds, university endowments and family offices.