KKR to seed new $350 million equipment-finance firm Akrapoint
KKR is creating Akrapoint Commercial Capital with an initial $350 million investment, aimed at issuing loans for small and medium-sized businesses to finance mission-critical equipment in the “mid-ticket” range.
KKR is launching a new equipment-finance company, Akrapoint Commercial Capital, with an initial investment of $350 million. Akrapoint said it plans to make loans to help small and medium-size businesses finance mission-critical equipment in the "mid-ticket" range, which it defines as $2…