The co-founder of Kravis Kohlberg Roberts (KKR), Henry Kravis, has reportedly invested in an alternative fund focused on fintech and blockchain opportunities. Kravis joins a list of outspoken Silicon Valley investors who have defied traditional thinking and embraced the rise of innovation in distributed ledgers, as reported by Bloomberg, June 28, 2019.
KKR is one of the most significant private equity funds in the world, with a global presence stretching from Asia to North America. Henry Kravis is undoubtedly one of the most influential names in the investment management industry, having founded KKR and driving it to the top of the chain.
Henry Kravis is said to have invested in ParaFi, an alternative investment fund, according to the fund’s founder Ben Forman; Kravis’ spokespersons declined to comment. With this investment, Kravis joins the likes of Peter Thiel, Marc Andreessen, and Naval Ravikant – Silicon Valley tycoons who have pledged their money to help the cryptocurrency industry grow and prosper.