9 hours ago
- Business
- Wall Street Journal
Pact Capital Partners Takes Minority Stake in Accel-KKR
Pact Capital Partners, a New York firm that invests in the managers of private-markets funds, has made its first deal with the acquisition of a minority stake in software-focused Accel-KKR.
Pact co-founder and managing partner Christian von Schimmelmann got to know the technology investment firm in Menlo Park, Calif., during his time at Goldman Sachs's Petershill Partners, where he co-led its strategy of investing in fund managers and providing seed capital to their funds.
