According to the latest reports swirling in the tech media world, the American investor KKR has plans to encourage the development of the Dutch small and medium-sized businesses. For this, the stock-listed US investor in collaboration with the British asset manager Schroders and the Dutch company NEOS will reportedly provide loans for which entrepreneurs cannot go to banks.
NEOS partners with KKR and Schroders
As announced recently, KKR is the principal financier in the new credit fund of € 1 billion, along with both the parties. The joint venture will offer alternative and flexible financing solutions to help a wide range of Dutch and German companies achieve their development and growth goals. With the launch of the new credit facility, they’re claiming it to be the largest private SME loan program in Europe, outperforming NEOS predecessor funds, which have been financially supported by two Dutch pension funds.