KKR Strikes Deal to Buy Private-Capital Fund Administrator Gen II
Monday, October 5, 2026 · first reported by WSJ and 30 others
KKR acquires Gen II Fund Services from Hg and General Atlantic for $5.1B enterprise value; Gen II administers 275+ investment managers with $2T+ in assets; Steven Millner remains CEO; KKR plans international expansion and AI/tech investment.
Advisers Dentons (legal counsel), Simpson Thacher & Bartlett (legal counsel)
In the directory
- Simpson Thacher & Bartlett · Legal counsel · fund lawyers at the firm
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
Coverage
31 sources- WSJKKR Strikes Deal to Buy Private-Capital Fund Administrator Gen II
- ReutersKKR to buy fund administrator Gen II in $5.1 billion deal including debt
- PE HubKKR strikes $5.1bn deal for Hg and General Atlantic-backed Gen II
- Private Equity WireKKR to acquire Gen II Fund Services for $5.1bn from Hg and General Atlantic
- IREIKKR to acquire Gen II Fund Services for more than $5b from Hg and General Atlantic
- Alternatives WatchKKR to buy fund administrator Gen II from Hg, General Atlantic in $5.1bn deal
- Business WireKKR to Acquire Gen II Fund Services for More Than $5 Billion from Hg and General Atlantic
- TradingViewKKR to buy fund administrator Gen II in $5.1 billion deal including debt
- HedgeCoKKR Agreed to Acquire Fund Administrator Gen II for $5.1 Billion from Hg and General Atlantic
- Private Banker InternationalKKR to buy fund administrator Gen II Fund in $5.1bn deal
- AD HOC NEWSKKR agrees to buy Gen II for USD 5.1 billion: 12 analysts rate KKR stock a Buy
- Serrari GroupKKR to Acquire Gen II Fund Services in $5.1 Billion Deal
- Simply Wall StreetKKR (KKR) Acquires Fund Administrator To Add More Recurring Fee Income
- DentonsDentons advises KKR on US$5.1 billion agreement to acquire Gen II Fund Services
- The DrawdownKKR buys Gen II Fund Services for $5.1bn
- Global CustodianGen II Fund Services to be acquired by KKR for $5.1bn
- QuartzKKR is buying fund administrator Gen II in a $5.1 billion deal
- DealroomKKR to buy fund administrator Gen II for $5.1B
- U.S. News - MoneyKKR to Buy Fund Administrator Gen II in $5.1 Billion Deal Including Debt
- Law360Simpson Thacher-Led KKR Buys Fund Administrator For $5B
- Wealth Briefing AsiaKKR Leans Further Into Funds Administration With $5.1 Billion Acquisition
- grafa.comKKR Acquires Gen II Fund Services for $5.1 Billion
- Seeking AlphaKKR strikes $5.1B deal for fund administrator Gen II (KKR:NYSE)
- WealthBriefingKKR Leans Further Into Funds Administration With $5.1 Billion Acquisition
- Bellingham HeraldKKR to buy fund administrator Gen II in $5.1 billion deal including debt
- Charlotte ObserverKKR to buy fund administrator Gen II in $5.1 billion deal including debt
- Financial News LondonKKR Strikes Deal to Buy Private-Capital Fund Administrator Gen II
- Private Equity NewsKKR buys private markets fund administrator in $5.1bn deal
- finance.biggo.comKKR Agrees to Buy Fund Administrator Gen II in $5.1 Billion Deal
- AxiosKKR buying fund administrator Gen II for $5.1 billion
- MoomooKKR Strikes Deal to Buy Private-Capital Fund Administrator Gen II -- WSJ
More on KKR
Everything on this firm →More in Service providers
From the same day- Sidley Employs Kirkland’s McNish for Fund Formation in ChicagoBloomberg Law
- Gibson Dunn adds fund finance partner in New YorkPrivate Funds CFO
- Debevoise Hires 2 Private Capital Leaders From FreshfieldsLaw360
- Addleshaw Goddard grows fund finance practiceThe Drawdown
- Gen II appoints director for PE funds in GuernseyThe Drawdown