KKR Acquires Gen II Fund Services in $5.1 Billion Deal

Key Facts

1KKR has announced the acquisition of Gen II Fund Services in a deal valued at approximately $5.1 billion.

KKR has announced the acquisition of Gen II Fund Services in a deal valued at approximately $5.1 billion. Investing.com reported that the acquisition of the leading independent fund administrator is intended to expand KKR's footprint within the financial services and fund administration sector.

The transaction brings a major independent player under KKR's umbrella as the firm seeks to scale its operations in the financial services industry.