UNITED STATES
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
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KKR Real Estate Finance Trust Inc.
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(Name of Issuer)
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Common Stock, $0.01 par value
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(Title of Class of Securities)
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48251K100
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(CUSIP Number)
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December 31, 2018
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Date of Event Which Requires Filing of this Statement
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1
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Name of Reporting Person:
Makena Capital Management, LLC
I.R.S. Identification No. of above Person (entities only) (voluntary)
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2
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Check the Appropriate Box if a Member of a Group
(a) [ ]
(b) [ ] |
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3
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SEC USE ONLY
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4
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Citizenship or Place of Organization
Delaware |
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NUMBER OF
SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5
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SOLE VOTING POWER
0
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6
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SHARED VOTING POWER
5,250,000 *
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7
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SOLE DISPOSITIVE POWER
0
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8
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SHARED DISPOSITIVE POWER
5,250,000 *
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED
5,250,000 *
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10
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
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||||
11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.0% **
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12
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TYPE OF REPORTING PERSON
PN
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1
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Name of Reporting Person:
Makena U.S. Real Estate Master Fund B, L.P.
I.R.S. Identification No. of above Person (entities only) (voluntary)
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2
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Check the Appropriate Box if a Member of a Group
(a) [ ]
(b) [ ] |
||||
3
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SEC USE ONLY
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||||
4
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Citizenship or Place of Organization
Delaware |
||||
NUMBER OF
SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5
|
SOLE VOTING POWER
0
|
|||
6
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SHARED VOTING POWER
5,250,000 *
|
||||
7
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SOLE DISPOSITIVE POWER
0
|
||||
8
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SHARED DISPOSITIVE POWER
5,250,000 *
|
||||
9
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AGGREGATE AMOUNT BENEFICIALLY OWNED
5,250,000 *
|
||||
10
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
|
||||
11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.0% **
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12
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TYPE OF REPORTING PERSON
PN
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MAKENA CAPITAL MANAGEMENT, LLC
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By:
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/s/ William L. McGrath
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Name: William L. McGrath
Title: Managing Director
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MAKENA U.S. REAL ESTATE MASTER FUND B, L.P.
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By:
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Makena Capital Management, LLC, its general partner
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By:
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/s/ William L. McGrath
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Name: William L. McGrath
Title: Managing Director
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