Mmastodon BusinessBusiness first seen 19 h ago, last 16 h ago, peak #2

KKR Agrees Deal to Buy Fund Administrator Gen II

Original: KKR Strikes Deal to Buy Private-Capital Fund Administrator Gen II https://www.wsj.com/finance/investing/kkr-strikes-deal

Private-equity firm KKR has struck a deal to acquire Gen II, a leading administrator for private-capital funds. The WSJ report drew attention on finance and business channels, with readers weighing in on consolidation in the fund-administration sector and what the purchase means for KKR's private-markets services business.

Why now: A major private-equity player expanding its fund-services footprint is notable news for investors tracking private-markets consolidation

KKRGen II

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Evidence

• KKR Strikes Deal to Buy Private-Capital Fund Administrator Gen II https://www.wsj.com/finance/investing/kkr-strikes-deal-to-buy-private-capital-fund-administrator-gen-ii-40b951a5?mod=rss_markets_main # Finance # Investing # Business · wsj_markets@robot.villas · 3

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