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News  ›  Benzinga

KKR Backs Premialab With $220 Million Bet On Quant Investing Boom

Benzinga Logo Benzinga By Lekha Gupta
KKR Backs Premialab With $220 Million Bet On Quant Investing Boom

KKR is investing $220 million in Premialab, a global provider of quantitative investing data and analytics solutions, through its Next Generation Technology Growth Fund III, marking its first investment in the Gulf region.

Insights
KKR   positive

Company is expanding its technology investment portfolio with a strategic $220 million growth investment in Premialab, demonstrating confidence in quantitative investing strategies