KKR European Fund V Details

December 4, 2019 | Investments, News, Private Equity

KKR announced the closing of its newest fund.

The KKR European Fund V will focus on buyouts in Western Europe. The company announced this week that it has raised more than €5.8 billion from investors. In addition, the company will provide about $400 million of its own money.

“KKR has been investing in Europe for over twenty years and our position has never been stronger,” said Johannes Huth, Member, and Head of KKR Europe, the Middle East, and Africa operations. “We will invest our fifth European fund by maintaining the differentiated approach that has served us so well to date, combining our local country knowledge with the skill and insights of our sector teams to source and execute investments. Europe’s complex dynamics create significant opportunities to deploy capital and continue delivering value and outperformance for our investors.”

KKR European Fund V Predecessor Makes Announcement

Meanwhile, the predecessor to KKR European Fund V had an announcement.

KKR’s Europe Fund IV will sell UK life sciences company LGC Group. The fun will earn about three times the price it paid for LGC back in 2015. Under KKR’s leadership, LGC has grown aggressively making 15 acquisitions to expand the business.

“LGC is a good example of KKR’s successful approach in building great companies. We identified LGC as a strong and resilient business with significant potential for further growth,” said Edouard Pillot, Member and EMEA Head of Industrials at KKR. “It worked alongside management to support them in harnessing this potential. Tim and the LGC team have done an outstanding job over the past 4 years building LGC into a global leader. We wish them every success during their next stage of growth.”

Related: KKR & Co Reports 23% Drop in Quarterly Profits

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News

Venture Capital: Health Data Analytics Platform Evidation Raises $45M
July 2, 2020     News, Venture Capital

Evidation Health’s Achievement platform collects everyday health data for use in innovative research and health platforms. Giving due emphasis to user privacy and controlled, permissioned health data, the platform gathers…

Artificial Intelligence: A UVC Robot Disinfects 4,000 Sq Ft Food Bank in 30 Minutes
July 2, 2020     Artificial Intelligence, News

MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL), Ava Robotics, and the Greater Boston Food Bank (GBFB) collaborated on a robotic solution to the problem of disinfecting a large area…

Alternative Investments: TrueMark Investments Launches A Structured Outcome ETF That Tracks the S&P 500 Index
July 2, 2020     Alternative Investments, News

TrueMark Investments has launched the TrueShares Structured Outcome (July) ETF (NYSEAMERICAN: JULZ) that offers investors exposure to the S&P 500 price index. The ETF is a “structured outcome” product, the…

Digital Assets: Crypto Gathers Pace in India After Top Court Decision
July 2, 2020     Digital Assets, News

The Supreme Court of India recently struck down a circular issued by the Reserve Bank of India that barred banks from serving crypto businesses such as traders, exchanges, or others….