EchoNous Closes $60M for AI-Assisted Handheld Ultrasound Device
What You Should Know:
– EchoNous, a Redmond, WA-based portable AI-guided ultrasound tools and platform, announced it has raised $60 million in funding from Kennedy Lewis Investment Management (“Kennedy Lewis”).
– The investment from Kennedy Lewis combines senior secured debt and equity and builds on the support of KKR, which has been EchoNous’ principal investor since 2015. Kennedy Lewis’ funding will help further the development of and grow adoption for the Kosmos platform, which is already used in hospitals and medical clinics around the world.
– Kosmos is transforming bedside diagnosis of heart and lung conditions. It’s the first handheld point-of-care ultrasound device to offer diagnostic-quality scans that rival those from larger, more expensive cart-based machines. In addition, it is the first handheld to offer CW and PW Doppler and AI guidance for scans of heart chambers.
David Valiaveedan and Brieanne Nikrandt join Kennedy Lewis Investment Management as Managing Directors to Lead Homebuilder Financing
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York Capital and Kennedy Lewis launch CLO platform Sunday, April 25, 2021 Opalesque Industry Update - York Capital Management, a global private investment firm, and Kennedy Lewis Investment Management, an opportunistic credit manager, are partnering to form a new entity to be called Generate Advisors, LLC.
Under the partnership agreement, York s approximately $4 billion Collateral Loan Obligation (CLO) business and team, led by Rizwan Akhter, will transition to Generate Advisors and continue to manage York s current CLO portfolio as well as any future CLOs issued by Generate Advisors. Kennedy Lewis will be investing in Generate Advisors and has committed at least $200 million of capital to be invested in the equity of Generate Advisors future CLOs.
Kennedy Lewis raises $2.1bn for the sophomore opportunistic credit fund Thursday, January 21, 2021
Laxman Pai, Opalesque Asia:
The opportunistic credit manager Kennedy Lewis Investment Management closed its latest opportunistic credit fund, Kennedy Lewis Capital Partners Master Fund II, at $2.1 billion.
Kennedy Lewis first fund closed in November 2018 with over $500 million of committed capital.
The provider of investment management services said in a press release that Fund II well exceeded its $1 billion fundraising target.
Investors include the Vermont Pension Investment Committee, Montpelier, which oversees the investment management of Vermont State Retirement Systems.
Fund II targets event-driven and opportunistic financing throughout North America and Europe across distressed, public, and private investment opportunities, the news release said.
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NEW YORK, Jan. 20, 2021 /PRNewswire/ Kennedy Lewis Investment Management ( Kennedy Lewis ), a leading opportunistic credit manager, today announced that it completed fundraising for Kennedy Lewis Capital Partners Master Fund II LP ( Fund II ) with $2.1 billion of capital commitments.
Based on strong investor demand, Fund II attracted capital commitments far exceeding its initial $1 billion fundraising target. Kennedy Lewis first fund closed in November 2018 with over $500 million of committed capital.
Fund II will be a continuation of the strategy employed by Kennedy Lewis previous fund, targeting event-driven and opportunistic financings across public, private, performing and distressed investment opportunities throughout North America and Europe.
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