360 Capital is pleased to announce the launch of its 360 Square II early-stage fund with a closing of €45M.

This comes on the back of the highly successful 360 Square I which among its 24 investments winners such as Exotec (France’s 25th unicorn), Preligens, Casavo, Alsid (sold to Tenable), Bergamotte (sold to Bloom&Wild), Tediber (sold through a management buyout), Tiller Systems (sold to SumUp) and, and Neutrino (sold to Coinbase).

Leveraging its predecessor’s strategy, 360 Square II will continue targeting early-stage tech companies (pre-seed and seed) with a balanced focus on Deeptech, B2B software and consumer tech. As bold trend seekers, 360 Capital seeks talented founders across Western Europe (France, Italy, Spain in particular) to support their ambitious projects with tickets from €200K to €2M. Two investments have already been committed and will be announced shortly.

This new fund has attracted strong support from reputable investors amongst which the “Fonds National d’Amorçage 2” (French Tech Seed 2), managed on behalf of the French State by Bpifrance, MAIF Avenir, Crédit Mutuel Arkéa, Groupe Rocher, and several European Business Angels.

HONG KONG–(BUSINESS WIRE)– KKR, a leading global investment firm, today announced the final close of KKR Asia Credit Opportunities Fund (“ACOF” or the “Fund”), a US$1.1 billion fund focused on performing privately originated credit investments in Asia Pacific.

“Our credit strategy is highly complementary to our existing equity strategies in Asia, and the close of ACOF represents a significant milestone for KKR in Asia Pacific as we continue to build out our suite of investment capabilities and capital solutions across asset classes,” said Ming Lu, Head of KKR Asia Pacific. “Asia continues to benefit from favorable macroeconomic trends and long-term growth. However, the number of financing options available to companies looking to keep pace with this rapid growth has remained limited. We believe these dynamics provide an attractive landscape for alternative asset managers like KKR who are able to provide more flexible and differentiated credit solutions than traditional lenders.”

KKR’s Asia Credit platform seeks to provide bespoke private credit solutions to companies and sponsors which harness the strength of KKR’s alternative investment capabilities and its expertise as one of the largest alternative credit managers globally. The Asia Credit team leverages KKR’s local and global resources to source, diligence, and execute investment opportunities to provide customized financing, ensure capital protections, and support value creation in the process. ACOF intends to pursue investments primarily in performing privately originated credit, and broadly target opportunities across three primary investing themes, including senior and unitranche corporate lending, subordinated corporate lending, and asset-based finance investments.

Brian Dillard, Head of Asia Credit at KKR, said, “Bank capital represents approximately 80 cents of every dollar of credit capital in Asia, which is a far larger percentage than what we are seeing in North America and Europe. There is an imbalance of available financing for Asian businesses at a time when the region’s growth and prosperity have fueled an enormous demand for more flexible funding solutions by borrowers looking to seize the opportunities. With limited non-bank supply, we believe this market presents compelling opportunities for alternative credit providers like KKR. With ACOF, we are excited to play a larger role in meeting this unmatched demand and assisting leading businesses and sponsors across the region to meet their long-term growth ambitions.”

At the time of close, the Fund is the largest inaugural pan-regional fund focused on performing credit and one of the largest inaugural pan-regional credit funds to have been raised for Asia Pacific. ACOF received strong support from a diverse group of new and existing investors, including public and corporate pensions, sovereign wealth funds, commercial banks, insurance companies, asset managers and private investment groups, and family offices. KKR invested over US$100 million alongside external investors through its balance sheet and employee commitments.

In Asia Pacific, KKR has closed 14 credit investments since 2019, accounting for approximately US$2.4 billion invested by KKR and total transaction value of US$4.7 billion. This has included providing acquisition financing and bespoke capital solutions for companies and financial sponsors in the environmental services, real estate, education, infrastructure, and healthcare sectors. KKR Credit has been active in markets including Australia, Greater China, India, Korea, Malaysia, New Zealand, Singapore, and Vietnam.

KKR established its credit platform in 2004, and made its first private credit investment in 2005. Over the past 17 years, KKR has built one of the largest private credit platforms globally with the ability to invest across the capital structure and liquidity spectrum. These capabilities are paired with KKR’s approach to proprietary sourcing, capital preservation and active portfolio management to seek out long-term capital appreciation and attractive risk-adjusted returns. Today, KKR manages approximately US$184 billion of credit assets globally, including approximately US$102 billion in leveraged credit, approximately US$71 billion in private credit, and approximately US$10 billion in strategic investments, as of March 31, 2022. KKR has a team of approximately 170 credit investment professionals across nine cities in seven countries, including approximately 90 private credit investment professionals globally.

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life, and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220524005597/en/

Media:
KKR Asia Pacific
Anita Davis
+852 3602 7335
Anita.Davis@kkr.co
or
Wei Jun Ong
+65 6922 5813
WeiJun.Ong@kkr.com

KKR Americas
Julia Kosygina and Miles Radcliffe-Trenner
+1 212-750-8300
Media@kkr.com

Source: KKR & Co. Inc.

Fund to Implement Shared Ownership Program in Majority-Owned Investments

NEW YORK–(BUSINESS WIRE)– KKR, a leading global investment firm, today announced the final closing of KKR North America Fund XIII (“NAX3” or the “Fund”), an over-subscribed $19 billion fund focused on pursuing opportunistic private equity investments in North America. KKR will be investing $2.0 billion of capital in the Fund alongside investors through the Firm’s balance sheet, affiliates, and employee commitments.

“We are thrilled to have had such strong receptivity to our fundraising effort, and we are extremely proud of the results we’ve been able to deliver for our investors,” said Pete Stavros and Nate Taylor, Co-Heads of the Americas Private Equity platform at KKR. “Particularly at a time of continued volatility, we believe we are entering a macroeconomic environment that is tailor-made for private equity and for KKR specifically, and are grateful to have the support of our investors and their confidence in our team. We look forward to continue executing on our investment approach, which is centered on leveraging our deep industry expertise and driving holistic operational transformations utilizing the full suite of resources KKR has to offer. We are excited about the early momentum for NAX3 and remain laser focused on delivering outstanding results.”

KKR has a more than 45 year track record investing in North America. Over the past decade and across NAX3’s two predecessor funds, KKR North America Fund XI and KKR Americas XII Fund, KKR has delivered an average gross IRR of 30.1% (25.1% net) and a gross multiple on invested capital of 2.6x (2.2x net). In comparison to the S&P 500, this has resulted in net outperformance of more than 850bps, against the backdrop of near-unprecedented performance of the index over that decade. KKR Americas XII Fund, which began investing in 2017, is now fully deployed. It has generated a gross IRR of 50.1% (41.9% net), with a gross multiple of 2.6x (net 2.2x), as of December 31, 2021. With the closing of NAX3, KKR’s Americas Private Equity platform has more than $90 billion in assets under management across flagship, growth and core investment vehicles.

“Thanks to the strength of our Americas Private Equity investment team and extensive collaboration across our Firm, we are pleased to have been able to deliver consistent and attractive risk adjusted returns to our investors, even in the face of a global pandemic,” said Alisa Amarosa Wood, Global Head of Private Markets and Real Assets Product Strategies at KKR. “With this closing of KKR’s largest fund in our history, we are excited by our investors’ shared enthusiasm for the investment opportunities we continue to see ahead.”

NAX3 received strong support from a diverse group of both new and existing investors globally, including public and private pension plans, sovereign wealth funds, insurance companies, endowments and foundations, private wealth platforms, family offices, high-net-worth individual investors and other institutional investors.

The Fund intends to implement KKR’s broad-based employee ownership program at majority-owned companies in which it invests. Since 2011, KKR has focused on employee ownership and engagement as a key driver in building stronger companies and driving greater financial inclusion. The firm is committed to deploying the model in all control investments across its entire Americas Private Equity platform. To date, KKR has awarded billions of total equity value to over 45,000 non-senior employees across over 25 companies.

Earlier this month, KKR joined more than 60 organizations in becoming a founding partner of Ownership Works, a nonprofit created to support public and private companies transitioning to shared ownership models.

Debevoise & Plimpton LLP represented KKR as primary fund counsel for this fundraise.

About KKR
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220425005275/en/

Media:
Cara Major
212-750-8300
media@kkr.com

Source: KKR

Eurazeo is pleased to announce the 2nd closing of Eurazeo Smart City II Venture fund1
at €150 million with new institutional and corporate partners in Europe and Asia.

Eurazeo’s Venture practice has been active in the Smart City space since 2016. At the crossroads
of digital technologies and the transition towards more sustainable cities, Eurazeo Venture Smart
City Fund’s focus is to invest in high-growth, innovative companies fostering the transition towards
more liveable and sustainable cities. The fund will invest in the most critical sectors to transition
towards a low-carbon economy worldwide: Energy, Mobility, Logistics, Buildings and Industrial
Tech.

After the success of its initial closing at €80 million in 2021, this 2nd closing brings together toptier institutional and corporate investors including European Investment Fund (EIF), the Korean Venture Investment Corporation (KVIC), Momentum Venture Capital (SMRT, Singapore), SCG
(Thailand) and SWK the German electric utility. These new partners join an already strong group in
Europe and Asia which includes French, German, and Asian groups such as carmaker Stellantis,
electric utilities EDF and Mainova, mass transit operator RATP, energy major Total, logistics
champion Duisport and Thai real estate developer Sansiri as well as institutional investors PRO
BTP and family offices.

The success of this new round of fundraising reflects the strong results of prior vintage Smart City
I which has already seen 5 companies complete exits through public listings or acquisitions in 2021:
Volta Charging (US, on NYSE), Bird (US, on NYSE), Forsee Power (FR, on Euronext), Glovo (SP,
acquisition by Delivery Hero), and Grab (SG, on NYSE). Two additional companies from Fund I are
registered to IPO in the coming 12 months reflecting the dynamism of sectors addressed by the
fund such as electric mobility, accelerated by the recent pandemic.

The team has started to invest Fund II in pioneering digital companies which are supporting the
rapid transformation of cities and more sustainable consumer behaviours: rapid urban EV charging
(Electra, France), e-bike sharing on subscription (DANCE, Germany), reusable packaging (Pyxo,
France), new mobility service offering door-to-door carsharing through a fleet of teledriven
vehicles (Vay, Germany), app-based property management services (Witco, France) and alternative
end-to-end supply chain services for e-merchants (Cubyn, France) .

Managed par Eurazeo Investment Manager

Matthieu Bonamy, Partner at Eurazeo shares:
“Our continued momentum with multiple IPOs this year, and the clear need
– substantiated yet again by COP26 – to finance companies which can truly
unlock the technology bottlenecks of the climate crisis, have accelerated our
speed of fundraising. Cities play a huge role in climate change as they
consume 78% of the world’s energy and produce over 60% of the world’s
greenhouse gases. We think ambitious entrepreneurs and digital
technologies can be part of the solution to transition towards more livable
and sustainable cities. We are grateful for the trust given by the European
Investment Fund (EIF) and several new corporate partners in Europe and
Asia.”

EIF Chief Executive Alain Godard said:
“Smart Cities significantly contribute to reducing pollution, waste, energy and
water consumption, whilst inducing positive change in urban and consumer
behaviours. We are pleased that EIF can support the Eurazeo Smart City Fund
II which prioritises new technologies, making cities more sustainable and
liveable. Via the Pan-European Guarantee Fund, we will continue to finance
innovative technology companies, run by outstanding entrepreneurs and help
them to create world class leaders in high growth markets.”

ABOUT THE EUROPEAN GUARANTEE FUND
 The European Guarantee Fund (EGF) was created by the EIB Group (EIB and EIF) with
contributions from Italy and other EU Member States to protect businesses that are struggling
in the crisis caused by COVID-19. With almost €25 billion in guarantees, the EGF allows the EIB
and EIF to swiftly offer companies, mostly SMEs and mid-caps, access to loans, guarantees,
asset-backed securities, capital and other financial instruments. The EGF forms part of the
package of recovery measures put in place by the European Union, with the objective of
providing a total of €540 billion to support the hardest hit sectors of the EU economy.

ABOUT EURAZEO
 Eurazeo is a leading global investment company, with a diversified portfolio of €27 billion in
assets under management, including nearly €19.2 billion from third parties, invested in
450 companies. With its considerable private equity, venture capital, private debt as well as
real estate and infrastructure asset expertise, Eurazeo accompanies companies of all sizes,
supporting their development through the commitment of its nearly 300 professionals and
by offering deep sector expertise, a gateway to global markets, and a responsible and stable
foothold for transformational growth. Its solid institutional and family shareholder base,
robust financial structure free of structural debt, and flexible investment horizon enable
Eurazeo to support its companies over the long term.

 Eurazeo has offices in Paris, New York, Sao Paulo, Seoul, Shanghai, Singapore, London,
Luxembourg, Frankfurt, Berlin, Milan and Madrid.
 Eurazeo is listed on Euronext Paris.
 ISIN: FR0000121121 – Bloomberg: RF FP – Reuters: EURA.PA

EURAZEO CONTACT
Virginie Christnacht

HEAD OF COMMUNICATIONS
vchristnacht@eurazeo.com
+33 (0)1 44 15 76 44
Pierre Bernardin

HEAD OF INVESTOR RELATIONS
pbernardin@eurazeo.com
+33 (0)1 44 15 16 76

PRESS CONTACT
Julia Fisher
EDELMAN
Julia.Fisher@edelman.com
+1 646 301 2968

THIS IS INFORMATION THAT EQT AB (PUBL) IS OBLIGED TO MAKE PUBLIC PURSUANT TO THE EU MARKET ABUSE REGULATION. THE INFORMATION WAS SUBMITTED FOR PUBLICATION, THROUGH THE AGENCY OF THE CONTACT PERSON SET OUT BELOW AT 19:15 CET ON 18 JANUARY 2022.

EQT has today set the target size for the EQT X fund at EUR 20 billion. The actual fund size is dependent on the outcome of the fundraising process and may ultimately be higher or lower than the target size. The EQT X fund’s investment strategy and commercial terms are expected to be materially in line with predecessor fund EQT IX.

To ensure continuity between two fund generations, EQT’s capital raisings usually follow a cycle with successor funds generally targeted to be in a position to commence investment activities when the predecessor fund is close to being fully invested. This means that the commitment period of the predecessor fund typically ends when approximately 80 to 90 percent of its total commitments are invested, with remaining commitments used primarily for add-on acquisitions and strategic capital injections as well as for ongoing expenses.

Management fees for the successor fund will be charged from the earlier of (i) the date of closing of the first investment by the successor fund; or (ii) the date of termination of the commitment period of the predecessor fund. Management fees on the predecessor fund are thereafter based on net invested capital.

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334

The information contained herein does not constitute an offer to sell, nor a solicitation of an offer to buy, any security, and may not be used or relied upon in connection with any offer or solicitation. Any offer or solicitation in respect of EQT X will be made only through a confidential private placement memorandum and related documents which will be furnished to qualified investors on a confidential basis in accordance with applicable laws and regulations. The information contained herein is not for publication or distribution to persons in the United States of America.  Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold without registration thereunder or pursuant to an available exemption therefrom. Any offering of securities to be made in the United States would have to be made by means of an offering document that would be obtainable from the issuer or its agents and would contain detailed information about the issuer of the securities and its management, as well as financial information. The securities may not be offered or sold in the United States absent registration or an exemption from registration.

About EQT
EQT is a purpose-driven global investment organization focused on active ownership strategies. With a Nordic heritage and a global mindset, EQT has a track record of almost three decades of delivering consistent and attractive returns across multiple geographies, sectors and strategies. Uniquely, EQT is the only large private markets firm in the world with investment strategies covering all phases of a business’ development, from start-up to maturity. EQT today has more than EUR 70 billion in assets under management across 27 active funds within two business segments – Private Capital and Real Assets.

The EQT AB Group comprises EQT AB (publ) and its direct and indirect subsidiaries, which include general partners and fund managers of EQT funds as well as entities advising EQT funds. EQT has offices in 24 countries across Europe, Asia-Pacific and the Americas and has more than 1,100 employees.

More info: www.eqtgroup.com
Follow EQT on LinkedIn, Twitter, YouTube and Instagram

NEW YORK – January 12, 2022 – Blackstone (NYSE: BX) today announced the final close of Blackstone Capital Opportunities Fund IV (“COF IV”). With the final close of COF IV, Blackstone Credit has $8.75 billion available for its opportunistic private debt strategy. COF has an almost 15-year track record of providing private financings for businesses of all sizes and across industries.

Louis Salvatore, Co-Portfolio Manager of the Capital Opportunities Funds, said: “We are pleased to have closed our fourth COF fund and are very appreciative of the strong support from our Limited Partners. We believe our track record, scale and structuring expertise position us as a valuable partner to private equity sponsors and large cap companies.”

Rob Petrini, Co-Portfolio Manager of the Capital Opportunities Funds, added: “Our latest fund is off to a terrific start, leveraging our strong sourcing engine and broad mandate to invest in a diverse set of industries, geographies and structures. We are driving the secular trend of large companies increasingly accessing private capital through our scale and also capitalizing on Blackstone’s thematic approach to investing.”

COF IV has already made 12 investments and commitments with a focus on high growth industries, such as technology and healthcare.

Blackstone Credit is one of the world’s largest credit-focused asset managers. Blackstone’s Credit and Insurance segment has $188 billion of AUM as of the third quarter of 2021.

About Blackstone
Blackstone is the world’s largest alternative investment firm. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $731 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow Blackstone on Twitter @Blackstone.

Contact
Kate Holderness
Kate.holderness@blackstone.com
646-482-8774