KKR has provided a credit facility of up to USD150 million to Jet Edge International, a specialist in full-service private aviation responsible for operating the largest fleet of managed Challenger and Gulfstream aircraft in the US, as Jet Edge – which aims to optimise the inefficiencies found in the private aviation industry’s existing ownership – rolls out its AdvantEdge charter management platform nationwide.

In the VC space, Scalable Capital, which is one of Europe’s largest digital wealth managers, has raised over USD180 million in a Series E funding round led by Chinese tech company Tencent, the world’s largest video games publisher.