Posted on : April 14, 2017
Views : 1
Category : Startup
Vincent E. Letteri, KKR’s Private Equity platform. He focuses primarily on growth equity TMT investments in the Americas. KKR has raised $711 million for a new growth equity technology fund called Next Generation Technology Growth Fund, which will seek deals in the $100 million range.
- The fund will be doing deals for tech companies in the “scaling” stage. Meaning, their technology is proven and they’re already disrupting legacy competitors. “The goal is simple: enterprise building,”
- KKR’s network of portfolio companies supports the growth agenda (acquisitions, identify M&A targets and expand internationally).