Henry Kravis-Backed ParaFi Raises $125 Million for New Fund

ParaFi, a New York-based digital asset manager that includes KKR & Co. co-founder Henry Kravis among its backers, raised $125 million in March for a new venture fund, the company told Bloomberg.

Since the beginning of 2025, ParaFi has also raised another $325 million for its existing digital-asset related investment strategies, the company said. The firm now holds about $2 billion in assets under management.