✉news BusinessFinance first seen 6 h ago, last 26 min ago, peak #7
KKR Agrees to Buy Fund Administrator Gen II
Original: KKR Strikes Deal to Buy Private-Capital Fund Administrator Gen II
Private-equity firm KKR has struck a deal to acquire Gen II, a leading administrator of private-capital funds. The purchase would deepen KKR's presence in the fast-growing fund-administration business, which handles back-office services for private equity and other alternative asset managers. Further deal terms were not immediately detailed in early reports.
Why now: KKR's move into fund administration signals continued consolidation of services around private capital, drawing attention from finance and labor watchers alike.
Rank over time, top of the chart is #1. 6 snapshots from 6 h ago to 26 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1221281