Private-equity firm Riverwood Capital, formed 15 years ago by former KKR executives, has raised its largest pool of capital to date to invest in high-growth technology companies.

The firm collected $1.8 billion for its fourth fund, Riverwood Capital Partners IV, and related vehicles, said firm co-founders Francisco Alvarez-Demalde and Jeff Parks. The sum exceeds Riverwood’s $1.5 billion target as well as the firm’s previous fundraising effort, a 2019-vintage vehicle that gathered $1.4 billion.