KKR & Co. has gathered more than $2 billion to invest in fast-growing technology companies as it further expands beyond the mega-deals that made its reputation.
The firm is raising its second fund dedicated to growth-equity investments in technology, media and telecommunications, according to a person familiar with the matter. The fund, which is expected to close by year’s end, is about triple the size of the debut vehicle: the KKR Next Generation Technology Growth Fund raised $714 million in 2016.
