Marquee Private Equity Investor Henry Kravis invests in alternative fund

July 25, 2019 | FinTech
https://dailyalts.com/wp-content/uploads/2019/07/54e6d1404b57a514ea898579ce203e7c1d22dfe05550784171297ad5_640.jpg

Henry Kravis, the doyen of private equity and co-founder of KKR, takes a punt on fintech and blockchain

Henry Kravis has invested in San Francisco-based ParaFi, an alternative investment fund with a special focus on the fintech and blockchain ecosystem.

ParaFi is led by founder and CIO Ben Forman, an investor with over 10 years of experience across public and private markets at KKR and TPG.

ParaFi

With an AUM of nearly $25 million, ParaFi has Bain Capital and Dragonfly Capital Partners, other big names in the venture capital and private equity sectors, as investors in the fund.

Kravis has other elite companies. Deep-pocketed crypto aficionados from Silicon Valley include Peter Thiel, Marc Andreessen, and Naval Ravikant.

What is the investment opportunity?

Alternatives are still not fully understood and provide higher returns while being uncorrelated with traditional investments. Crypto and fintech spaces are still in their infancy and could offer multi-bagger returns to savvy investors entering early.

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.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2021/11/4081910779_73d2c39615_c.jpg
FinTech: New Players In BNPL, And Down Under, Stocks Are Hammered
November 29, 2021     FinTech, News

Afterpay enters subscriptions market, Monzo’s Pay Later, Suncorp hops onto the BNPL bandwagon, and BNPL stocks get clobbered in Australia

https://dailyalts.com/wp-content/uploads/2021/11/Metaverse-Grayscale.jpg
Digital Assets: Grayscale’s Report Paints The Metaverse As The Next Emerging Market Investment Frontier
November 29, 2021     Digital Assets, News

A report issued by Grayscale Research, a unit of Grayscale Investments, the largest digital asset manager in the world, describes the Metaverse as a potential market opportunity worth over $1…

https://dailyalts.com/wp-content/uploads/2021/11/34129579192_199424d914_c.jpg
Artificial Intelligence: UNESCO Member States Adopt The First Ever Global Agreement On The Ethics Of Artificial Intelligence
November 29, 2021     Artificial Intelligence, News

The first ever global standard on the ethics of artificial intelligence (AI) was adopted by the member states of UNESCO at its General Conference on Tuesday. Audrey Azoulay, director-general of…

https://dailyalts.com/wp-content/uploads/2021/11/DreamSports-Screengrab.jpg
Venture Capital: Indian Fantasy Gaming Group Dream Sports Raises $840M
November 29, 2021     Latest News, News, Venture Capital

Dream Sports announced last week its raise of $840 million from investors led by Falcon Edge, DST Global, D1 Capital, Redbird Capital and Tiger Global, with the transaction valuing the…