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K1, which plans to raise $4 billion in its latest fund, is based in Manhattan Beach.

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K1 Invests $21 Million in Eltropy

Manhattan Beach-based private equity firm K1 Investment Management is making a $21 million investment in software company Eltropy Inc.

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K1 Investment to Raise $4 Billion for Fifth Fund

The private equity industry is revving up in Los Angeles, but much of the action is taking place behind a financial curtain that can be difficult to draw back.

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