Technology-focused private equity Accel-KKR announced the successful closing of Accel-KKR Emerging Buyout Partners LP with $640 million in committed capital.
The fund was oversubscribed and officials said the strategy is a continuation Accel-KKR’s long-standing strategy of investing in software and tech-enabled services companies with a distinct focus on small-cap companies.
Total assets at the firm have swelled to more than $10 billion and since the beginning of 2019 more than $5.8 billion was raised across five funds -- including its most recent flagship buyout fund (Accel-KKR . . .
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.