FORTUNE — Kohlberg Kravis Roberts & Co. KKR is in the preliminary stages of forming a tech-focused growth equity platform, Fortune has learned.

Specific details remain very much in flux, including staff (it would be hiring from the outside), structure (either dedicated fund or, possibly, off balance sheet) and size (most likely $1b-$2b).

KKR has dipped its toe into this space a couple of times, with deals for companies like Sonos and Fotolia. It also partnered in 2000 on the creation of Accel-KKR, which today operates as an independent private equity firm focused on lower middle-market software and tech-enabled services businesses.

This new effort, if it comes to pass, would be more of an in-house, institutional effort. The main selling point would be the firm’s global network of operating expertise, both for M&A and expanding into new markets.

KKR declined to comment.

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