Accel-KKR, a Silicon Valley-based private equity firm that focuses on technology investments, has so far raised about $200 million for its second credit fund, according to a US Securities and Exchange Commission (SEC) filing.
The fund, Accel-KKR Credit Partners II LP, has already secured commitments from at least 15 investors and is about $150 million away from its $350 million target, the filing showed. The previous fund closed $276.7 million in commitments in January 2020.