UPDATE: KKR & Co. (KKR) said to be investor in Netscout Systems (NTCT)

October 27, 2016 3:51 PM EDT

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(Updated - October 27, 2016 3:58 PM EDT)

KKR & Co. (NYSE: KKR) said to be investor in Netscout Systems (Nasdaq: NTCT) - WSJ

UPDATE - Sources noted that KKR has earmarked about $1 billion for "toehold" investments in the past two years. Toehold investments help the firm to gain an edge for an eventual takeover of a company, or spur the company to conduct asset divestitures.

Along with NetScout, KKR also has a toehold position in Marvell Technology Group (Nasdaq: MRVL).

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