Tech-focused Accel-KKR raises $200m so far for second credit fund

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Tech-focused Accel-KKR raises $200m so far for second credit fund

Accel-KKR, a Silicon Valley-based private equity firm that focuses on technology investments, has so far raised about $200 million for its second credit fund, according to a US Securities and Exchange Commission (SEC) filing.

The fund, Accel-KKR Credit Partners II LP, has already secured commitments from at least 15 investors and is about $150 million away from its $350 million target, the filing showed. The previous fund closed $276.7 million in commitments in January 2020.

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Printed by Unregistered user on Sat, 20 May 2023 17:51:07 GMT

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