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/2022/06/justice-gba45571bc_640.jpg
Digital Assets: Grayscale Protests SEC Rejection Of Spot Bitcoin ETF, Files Suit Against Regulator
June 30, 2022     Digital Assets, Latest News, News, Regulations

Grayscale Investments, the largest digital asset manager globally, has filed a suit against the SEC for rejecting its application to convert the Grayscale Bitcoin Trust into a spot bitcoin ETF….

https://dailyalts.com/wp-content/uploads/2022/06/Twelve-sunglasses.png
Venture Capital/ESG: Twelve Raises $130M For World’s First Carbon Transformation Platform

Twelve has raised a $130 million Series B round to scale up its carbon transformation technology that converts captured CO2 into products traditionally made from fossil fuels. The firm’s technology…

https://dailyalts.com/wp-content/uploads/2022/06/amc-g39f4f8446_640-overlay.png
FinTech: Sam Bankman-Fried Of FTX Rejects Rumors He Is Acquiring Robinhood
June 30, 2022     Digital Assets, FinTech, News

FTX, the crypto platform owned by billionaire Sam Bankman-Fried, has scotched media reports that it was pursuing a deal to acquire commission-free trading app Robinhood (NASDAQ: HOOD). Bloomberg said Monday…

https://dailyalts.com/wp-content/uploads/2022/06/bitcoin-g9a41d1d1c_640-overlay.png
Alternative Investments/Digital: Amidst A Crypto Winter, 21Shares Launches The World’s Cheapest Physically Backed Bitcoin ETP

21Shares AG has launched a bitcoin ETP tailor-made for today’s crypto market, one that has been mauled by rampaging bears and gripped by a “crypto winter.” The 21Shares Bitcoin Core…