Accel-KKR closes fourth fund at $1.35bn

Menlo Park, Calif.-based Accel-KKR wrapped up fundraising for its latest tech-focused private equity offering with $1.35 billion in capital commitments.

Accel-KKR Growth Capital Partners IV is slated to invest in technology companies through a series of different funds and strategies including buyout, emerging buyout, growth capital and credit. The investment approach is the same as previous funds, but the latest fund also includes a $100 million commitment from the firm’s employees.

"We are thrilled with the support our new growth capital fund received from existing and new investors,” said . . .

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