KKR to Acquire Gen II Fund Services for More Than $5 Billion From Hg and General Atlantic

KKR acquires fund administrator Gen II for $5.1 billion

The private-equity giant is purchasing Gen II from a group led by Hg and General Atlantic, who first invested in 2020

KKR Agrees to $5.1 Billion Acquisition of Gen II Fund Services

KKR has agreed to acquire Gen II Fund Services in a transaction valued at $5.1 billion including debt, expanding the investment firm's reach into the ... The post KKR Agrees to $5.1 Billion Acquisition of Gen II Fund Services first appeared on [your]NEWS.

KKR to buy fund administrator Gen II in $5.1 billion deal including debt

Global investment firm KKR said on Monday it had agreed to ​buy private capital fund administrator Gen ‌II Fund Services in a $5.1 billion deal including debt, gaining exposure to infrastructure supporting private ​markets.

KKR to Acquire Gen II Fund Services for More Than $5 Billion from Hg and General Atlantic

NEW YORK--(BUSINESS WIRE)--Oct 5, 2026-

KKR to Buy Gen II from Hg and General Atlantic

NEW YORK, Oct 6 — KKR, a leading global investment firm, today announced the agreement to acquire Gen II Fund Services, LLC (“Gen II”), a global leader in private capital fund administration, for a total enterprise [...] The post KKR to Buy Gen II from Hg and General Atlantic appeared first on Business News This Week.

Deal Roundup: KKR strikes $5.1bn Gen II buyout; TDR takes OCU from Triton after fourfold revenue growth

KKR has agreed to acquire private capital fund administrator Gen II Fund Services from Hg, General Atlantic and other minority investors for a $5.1bn enterprise value through its Core Private Equity strategy.Gen II administers more than $2tn of private-fund capital for more than 275 investment managers. Hg and General Atlantic invested in the business in […] The post Deal Roundup: KKR strikes $5.1bn Gen II buyout; TDR takes OCU from Triton after…