Kayne Anderson, NewRoad Capital form early stage growth fund
Kayne Anderson Capital Advisors LP and NewRoad Capital Partners LLC said April 7 they have partnered to form Kayne NewRoad Ventures Fund II LP. KNRVF II will invest in early-stage, technology-enabled businesses within retail and other large growth opportunities. The fund has received $90 million in total commitments from investors in NewRoad Ventures Fund I, the Arkansas Venture Development Fund, other local Northwest Arkansas-based investors, and Kayne Anderson’s high net worth and family office clients. Kayne and NewRoad are co-managing KNRVF II.
7 April 2016•4 mins read
