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KKR bets on fund admin with $5.1bn Gen II Fund Services deal; Main picks up Germany’s Raynet; Ambienta’s Maccaferri makes two add-ons

Gen II provides fund administration services to more than 275 investment managers. The post KKR bets on fund admin with $5.1bn Gen II Fund Services deal; Main picks up Germany’s Raynet; Ambienta’s Maccaferri makes two add-ons appeared first on PE Hub .

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Endowus teams with CVC to bring European private credit to Asian investors

Endowus has partnered with CVC to launch a standalone European private credit strategy for accredited and professional investors in Singapore and Hong Kong, expanding access to direct lending beyond…

  • Endowus partners with CVC to launch European private credit strategy for Asian investors
  • First standalone private credit investment exclusively for Asian clients
  • Enhanced accessibility with illiquid nature preserved

KKR private credit fund exceeds 5% redemption cap to meet investor withdrawals

KKR's non-traded business development company KKR FS Income Trust Select has agreed to meet all investor withdrawal requests after quarterly repurchase demands narrowly exceeded its 5% redemption…

  • KKR FS Income Trust Select (K-FITS) honors all investor withdrawal requests
  • Fund repurchases 5.06% of outstanding shares despite 5% redemption cap
  • K-FITS sees redemption pressure rise to 5.06% from 3.43% previously

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