KKR commits $350 million to launch Akrapoint platform

KKR announced on September 22, 2026, the launch of Akrapoint Commercial Capital, a mid-ticket equipment finance company. Investment funds managed by KKR will commit $350 million through the firm's Asset Based Finance strategy to support the new venture.

Headquartered in Denver, Colorado, Akrapoint will finance vocational assets, specialty trailers, and industrial equipment. The platform will serve small and middle-market businesses across U.S. industries such as manufacturing, energy and power, sanitation and waste services, construction, and transportation and logistics.

The business is led by Chief Executive Officer Nate Smith, who previously spent nearly a decade at Trans Lease. Gary Shivers, who founded Navitas Credit Corp and expanded it into a platform with more than $1.8 billion in assets, will serve as chair of Akrapoint's board of directors.

KKR established its Asset Based Finance strategy in 2016. The strategy oversees more than $91 billion in assets under management with a global team of roughly 60 professionals and operates more than 20 captive platforms. Nomura Securities International served as financial advisor, and Kirkland & Ellis acted as legal counsel to KKR for the transaction.