HarbourView Equity Partners, an alternative asset management company, secured approximately $500 million in debt financing through a private securitization backed by its catalog of music royalties. KKR led the financing.
KKR announced that funds and accounts managed by its credit business have led the purchase of a $7.2 billion portfolio of super-prime recreational vehicle loans from BMO Bank National Association, part of BMO Financial Group.
Flexport Capital secured a credit facility of up to $200 million from separate insurance accounts managed by KKR. The credit facility will allow Flexport Capital to continue to build a financing product within the Flexport Platform, and to further invest in client growth and geographic expansion.
KKR, a global investment firm, closed KKR Asset-Based Finance Partners (ABFP), KKR’s first fund of approximately $2.1 billion dedicated to asset-based finance investments.