KKR Backs Quantitative Investing Platform in Mideast Tech Bet
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000KKR & Co. is investing $220 million in Premialab, a global provider of data, analytics and risk management solutions for quantitative investing, marking its first growth technology deal in the Middle East. The buyout giant is making the investment through its Next Generation Technology Growth Fund III, alongside existing holder Balderton Capital, a venture capital firm, according to a statement reviewed by Bloomberg News.