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KKR holds $687m close on first tech fund

US private equity firm Kohlberg Kravis Roberts has held a $687 million close on its first global technology fund, according to a filing with the Securities and Exchange Commission.

Tuesday 15 November 2016 at 17:37

KKR holds $687m close on first tech fund
Photo: iStockPhoto

US private equity firm Kohlberg Kravis Roberts has held a $687 million close on its first global technology fund, according to a filing with the Securities and Exchange Commission.

Investors committed $449 million, while KKR, its affiliates and "parallel vehicles" contributed the rest, the filing showed.