SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

KKR to Acquire Gen II Fund Services for Over $5 Billion

KKR announced an agreement to acquire Gen II Fund Services, a global leader in private capital fund administration, for a total enterprise value of $5.1 billion. KKR is acquiring Gen II from Hg, General Atlantic and other minority investors.

KKR

1 billion. The firm said it is buying Gen II from Hg, General Atlantic and other minority investors.