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Petershill partially sells Accel-KKR stake for $282m
By Josh White
Date: Thursday 14 Nov 2024
(Sharecast News) - Petershill Partners announced the partial sale of its stake in Accel-KKR (AKKR) on Thursday, generating a nominal consideration of $282m.
The FTSE 250 company said the sale included all balance sheet investment capital in AKKR funds and a portion of management fee earnings (FRE) and performance-related earnings (PRE).
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