Accel-KKR holds final close of $640m

The California-based firm closed its fund at its hard-cap.

Fund name: Accel-KKR Emerging Buyout Partners LP Fund
Amount raised: $640 million
Target size: $300 million
Hard-cap: $640 million
Stage of fundraising: Final close
Final close date: October 2020

Accel-KKR has held a final close for Accel-KKR Emerging Buyout Partners LP Fund at its hard-cap of $640 million, according to a recent press release. The fund will invest in software and tech-enabled services companies, with a special focus on small-cap companies.