KKR & Co. Inc. (NYSE:KKR) on Tuesday disclosed that it is making a $220 million growth investment in Premialab, a global provider of data, analytics, and risk management solutions for quantitative investing.
KKR will invest primarily through its Next Generation Technology Growth Fund III, marking the NGT platform’s first investment in the Gulf region.
KKR’s investment will fuel Premialab’s global expansion, enhance core operational systems, and support the scaling of its new execution product, co-developed with Eurex, to expand access to QIS strategies.
Elliot Bell, Principal at KKR, commented, “QIS strategies are rapidly being adopted across customer segments, and Premialab has established itself as the category defining data and analytics platform that is uniquely enabling this ecosystem. The company delivers critical and differentiated data to blue-chip clients globally, with a durable, high value proposition.”
Notably, through its Technology Growth Equity platform, KKR has supported technology-focused growth companies with around $24 billion invested since 2016.
Recent Investments
On Monday, KKR, along with HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI), announced that each firm has committed an additional $500 million, creating $1 billion of new investment capacity for CarbonCount Holdings 1 LLC (CCH1).
The expanded capital commitments for CCH1, combined with existing leverage targets, are expected to increase the total investment capacity to nearly $5 billion.
The investment period for the vehicle has been extended to the earlier of the end of 2027 or when all commitments have been fully utilized.
KKR Price Action: KKR shares were up 0.32% at $135.24 at the time of publication on Tuesday, according to Benzinga Pro data.
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