Kohlberg Kravis Roberts plans India office, hunts for head honcho

The legendary buyout fund firm Kohlberg Kravis Roberts (KKR) is setting up its operations in India, and hunting for its head honcho. The fact that KKR is setting up office here, two years after it announced its first deal by purchasing a 85% stake in Flextronics for $900 million, speaks a lot about India’s prospects in attracting private equity (PE) investments. Since inception in 1976, the fund has done over 150 deals through its offices in New York, Menlo Park, London, Hong Kong and Tokyo, and the list does not include China, India’s closest rival in receiving PE investments.

Kohlberg Kravis Roberts plans India office, hunts for head honcho- Finance-Banking/ Finance -News By Industry-News-The Economic Times