Gen II Fund Services Acquisition, Valuation, Funding & Investors

Bicecorp SA is a Chile based investment holding company. It is engaged in offering a broad range of services across banking, investments, insurance, and asset management.

Poonawalla Fincorp, formerly Magma Fincorp, is an Indian listed non-bank financial company. During the period of KKR’s investment it was headquartered in Kolkata and provided asset-backed finance through branches across rural and semi-urban India. Its lending activities financed commercial vehicles, construction equipment, tractors, cars and multi-utility vehicles, alongside credit for small and medium-sized businesses. Borrowers included individuals, vehicle operators and entrepreneurs seeking funding for income-generating assets. The business earns interest and related fees from its lending portfolio. IFC’s 2011 investment disclosure describes a network of 172 branches in 21 states, with approximately four-fifths of branches serving rural and semi-urban markets. The company expanded its retail financing operations organically and through combinations with other lenders. KKR and IFC subscribed to new equity in 2011 to support geographic expansion, product development and regulatory capital needs. The same listed corporate entity subsequently adopted the Poonawalla Fincorp name.

Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob is Brazil based company. It is a real estate investment fund.

Grupo Aval Acciones y Valores SA is a Colombian financial services company. Its segments include: Banking Services segment comprises Banking Services, fund management and trust businesses, storage companies and entities that manage low-value payment systems. Merchant Banking segment comprises Financial Sector (trust and brokerage), Gas and Energy Sector (includes natural gas and energy transportation and distribution businesses), Infrastructure Sector (includes road infrastructure projects, construction services, and operation and maintenance), Hotel Sector (includes hospitality services), Agribusiness Sector (includes palm oil, rubber and rice businesses). Pension and Severance Fund Management" segment comprise administrator of pension and severance funds; and Holding segment.

Euroclear is a Brussels-based financial market infrastructure group that settles and holds securities for banks, brokers and asset managers worldwide. It operates Euroclear Bank, the international central securities depository used for Eurobonds and cross-border trades, and national central securities depositories in Belgium, Finland, France, the Netherlands, Sweden and the United Kingdom and Ireland, alongside collateral management, fund distribution and asset servicing. At the end of 2024 it held EUR 40.7tn of assets under custody. In 2024 underlying operating income rose 5% to EUR 2,899m, including EUR 1,748m of business income, and underlying net profit reached a record EUR 1,038m. The group earns fees on settlement, custody and collateral services plus interest income on client cash balances. Its shareholders include market participants and public investors such as the Belgian state holding SFPI-FPIM, Caisse des Depots and the New Zealand Superannuation Fund. Euroclear was founded in Brussels in 1968 by Morgan Guaranty Trust to settle Eurobond trades.

Central Depository Services (India) Ltd is a securities depository in India. It offers dematerialization for a wide range of securities, including equity shares, preference shares, mutual fund units, debt instruments, and government securities. In addition, it is involved in centralized record keeping of KYC documents of investors, and providing repository services to policyholders to store their receipts and policies in electronic form. The group operates in three segments: Depository, Data Entry, and Storage and Repository. A majority of its revenue is generated from the Depository segment, which provides various services to investors, including dematerialization, rematerialization, holding, transfer, and pledge of securities in electronic form, as well as e-voting services to companies.

Piramal Group is a Mumbai-based diversified conglomerate operating in pharmaceuticals via Piramal Pharma, financial services through Piramal Enterprises with ₹2 lakh crore AUM, glass packaging under Piramal Glass, and real estate development. Its healthcare information management arm ranks among the top 20 US providers serving Pfizer and Merck. The group employs 10,000 people globally with manufacturing sites in India, the US, and Europe.

Republic Financial Hol Ltd is a financial services group comprising several subsidiaries and associated companies. The company is engaged in providing a wide range of banking, financial, and related services to retail and commercial banking customers, corporate clients, and governments. It operates in two segments: retail and commercial banking, which generates maximum revenue, and other financial services. The company operates in the following geographical segments: Trinidad & Tobago, Barbados, Suriname, Eastern Caribbean, Guyana, Ghana, Cayman Islands, and the British Virgin Islands. It derives key revenue from its operations in Trinidad & Tobago.

Power Finance Corp Ltd is a financial institution operating in India and dedicated to financing the country's power, logistics, and infrastructure sectors and its various projects. The company serves state power utilities, central power sector utilities, power departments, private power sector utilities, joint sector power utilities, power equipment manufacturers, and municipal power utilities. The company's main products include rupee-term loans, short-term loans, and a buyer line of credit. Interest income is the company's main source of revenue.

HDFC Asset Management Co Ltd is an asset management company. The company is in the business of providing asset management services to HDFC Mutual Fund and portfolio management and advisory services to clients. Geographically, it derives a majority of its revenue from within India.

Copper is a London-headquartered custody and trading platform for institutional digital assets. It safeguards over $5 billion in client assets including Bitcoin and Ethereum using multi-party computation wallets and air-gapped storage. The ClearLoop network facilitates off-exchange settlement with exchanges like Binance and Coinbase Prime, while its lending service offers uncollateralized loans.

Al Ansari Financial Services is engaged in the business of buying and selling foreign currencies and traveller's cheques, cheques, executing remittance operations in local and foreign currencies, payment of wages through establishing a link to the operating system of wages protection, special products such as bill payments, cash collections, sale and reload of multi-currency prepaid cards and transportation of cash and valuables, stored value facilities, and other related services.

Choice International Ltd is a company engaged in providing financial services. It operates through the segments of NBFC services, Broking & Distribution services, and Advisory services. The company generates a majority of its revenue from Broking and Distribution services. It offers services like equity trading, commodity derivative trading, financial planning, currency futures trading, fund distribution, and structured products. The company conducts its business operations mainly in India.

KFin Technologies Ltd is a technology-driven financial services platform. The company provides services and solutions to asset managers and corporate issuers across asset classes in India and provides several investor solutions including transaction origination and processing for mutual funds and private retirement schemes in Malaysia, the Philippines and Hong Kong.

Founded in Australia in 1978, Computershare has grown via acquisitions to become the world's leading provider of issuer services. Employee share plans and communications services are commonly sold together with issuer services to corporations. The company also has a business services offering and a corporate trust business, alongside a small mortgage administration business that's due to be divested. Over the medium term, around half of group EBITDA is expected to be generated from interest income on client cash balances, or margin income, which is exposed to interest-rate movements.

Post Trade Solutions is a London Stock Exchange Group division that delivers collateral management, margining, and reconciliation services via platforms like AcadiaSoft, Quantile, and SwapAgent. It supports over 1,500 clients including banks and buyside firms, processing 50 million daily collateral calls worth $2 trillion. Acquired entities enhance capital efficiency under Uncleared Margin Rules and SFTR reporting. The unit operates globally from hubs in New York, Singapore, and Tokyo.

Veritas Finance Private Limited is a Chennai-headquartered non-banking financial company delivering secured business loans to micro, small, and medium enterprises in rural and semi-urban areas of South India. It targets informal sector customers through products such as equipment finance, working capital loans, and top-up facilities backed by gold or property collateral. The firm maintains branches across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, and Odisha. Founded in 2015, Veritas Finance holds a systemically important non-deposit-taking NBFC license from the Reserve Bank of India.

Sygnum is a Switzerland-headquartered digital asset banking group, founded in 2017, that provides institutional-grade services including digital asset banking, B2B platforms, asset management, tokenization, and custody through its Sygnum Protect and Sygnum Connect offerings. It serves more than 2,000 institutional clients across more than 70 countries and powers digital asset services for more than 20 banks, including a large share of Switzerland's banking sector. Sygnum operates in Switzerland, Singapore, the UAE, and Luxembourg, and manages around $5 billion in client assets.