PACT's Managing Partner Christian von Schimmelmann first got to know Accel-KKR during his time at GS Petershill, which backed Accel-KKR in 2017
Investment will provide Accel-KKR with capital to increase commitments to its current funds and future commitments
None of the proceeds from the transaction will be used to make distributions to Accel-KKR principals
Stake sale was a bilateral process, given von Schimmelmann's existing relationship with AKKR's principals
Advisors: PACT (Houlihan Lokey)
You can also see our LinkedIn post here.
