Accel-KKR has held an initial, maybe final, close for its sixth fund, ACCEL-KKR Capital Partners VI, LP, a 2019 vintage fund with a target of US $2.55 billion.
Fund VI is being managed by General Partners, Thomas C. Barnds and Robert A. Palumbo.
Canadian investors committed US $[mepr-active rule=”374″ ifallowed=”hide”]#Premium Subscribers ONLY Content – research and intelligence – know others don’t, be informed.#[/mepr-active][mepr-active rule=”374″]288 million with 3 LPs from Ontario and 1 LPs from Alberta.[/mepr-active]
Baker McKenzie Toronto acted as Canadian counsel to Accel-KKR.
With offices in Menlo Park, CA, Atlanta, GA, and London, UK, Accel-KKR is a technology-focused investment firm investing in software and IT-enabled businesses well-positioned for topline and bottom-line growth. Accel-KKR focuses on middle-market companies and provides a broad range of capital solutions including buyout capital, minority-growth investments, and credit alternatives.
photo credit: Accel-KKR