The private equity giant aims to extend its private lending activities and is also eyeing property investments as it seeks opportunities for its $6 billion Asia-focused fund.
Buyout firm KKR closes the region’s largest PE fund at a time when competitors are falling short of targets in a highly competitive fundraising environment.
BNY Mellon names Japan president, new CIC chief speculation, KKR adds in Japan, Telstra Super chief to retire, DeAM Korea co-CEO exits, Eastspring hires in Greater China sales, Neuberger Berman names adviser, Bobby Wood moves to Serica.
KKR opens in Singapore; Perpetual brings in Michael Gordon; First State rehires in property securities; Axa IM appoints economist; Standard Chartered adds in transaction banking.
The US bank promotes Sameer Kaul from within to replace Tashwinder Singh, who has joined his former boss in private equity firm KKR's build-out in Mumbai.
Sanjay Nayar joins KKR to build an India business for the financial sponsor after 23 years with Citi. He will be succeeded by one of the bank's top names in Russia.