KKR Strengthens China Capabilities with Shanghai Office Opening
August 10 2017 - 10:00PM
Business Wire
New office marks KKR’s third in Greater China
and eighth in Asia Pacific
Leading global investment firm KKR today announced the opening
of an office in Shanghai, marking the Firm’s third office in
Greater China following Beijing and Hong Kong and its eighth in
Asia Pacific. KKR’s presence in Shanghai further deepens its
commitment to the Chinese market and enhances the Firm’s ability to
provide companies with value-added capabilities beyond capital
investment alone.
KKR has built its investment platform in Asia Pacific with a
focus on developing strong country, industry and sector expertise,
supported by a global network of investment professionals,
operational experts and advisers. Today KKR manages the largest
private equity fund dedicated to investing in the region, having
most recently closed its US$9.3 billion Asian Fund III in May 2017.
China is a core focus within KKR’s Asia Pacific strategy, and the
Firm has deployed more than US$3 billion to support leading
companies and entrepreneurs in Greater China since 2007.
Joe Bae, Co-President and Co-Chief Operating Officer
of KKR, said, “Our objective is to be the partner of choice to
leading companies looking to enter a new phase of growth and
expansion. The addition of a Shanghai office — which complements
our existing offices in Beijing and Hong Kong — better enables us
to fulfill that goal in Greater China and underscores the
importance we place on the Chinese market. Our on-the-ground
presence in Shanghai also strengthens our ability to deliver deep,
local expertise to Chinese companies. We are more excited than ever
about the compelling investment opportunities in the market.”
As of August 1, 2017, KKR has completed 26 investments in asset
classes ranging from private equity to real estate in China,
partnering with leading local companies in areas such as consumer
products and services, environmental sciences, education, financial
services, health care and technology. KKR sees further
opportunities to leverage its global footprint, capital market and
operational resources, and industry expertise to support Chinese
companies pursuing regional and global expansion through
cross-border deals.
Paul Yang, KKR Member and Head of Greater China, commented,
“China’s dynamic economy continues to create exciting investment
opportunities in companies with the ability to be domestic and
international leaders in their respective sectors. Now with three
offices located in Greater China’s major business hubs, we are even
better positioned to help businesses and entrepreneurs reach their
full potential and compete in global markets. The opening of a
Shanghai office demonstrates our deep commitment to China now and
into the future.”
With this opening, KKR has offices in 20 cities across the
globe, including in Beijing, Hong Kong, Mumbai, Seoul, Shanghai,
Singapore, Sydney, and Tokyo, in the Asia Pacific region.
About KKR
KKR is a leading global investment firm that manages multiple
alternative asset classes, including private equity, energy,
infrastructure, real estate, credit and, through its strategic
partners, hedge funds. KKR aims to generate attractive investment
returns by following a patient and disciplined investment approach,
employing world-class people, and driving growth and value creation
with KKR portfolio companies. KKR invests its own capital alongside
its partners' capital and provides financing solutions and
investment opportunities through its capital markets business.
References to KKR's investments may include the activities of its
sponsored funds. For additional information about KKR &
Co. L.P. (NYSE:KKR), please visit KKR's website
at www.kkr.com and on Twitter @KKR_Co.
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version on businesswire.com: http://www.businesswire.com/news/home/20170810006305/en/
KKR Asia PacificAnita Davis, +852
3602-7335Anita.Davis@kkr.comorFTI Consulting (for KKR China)Pui
Shan Lee, +86-21-2315-1068ps.lee@fticonsulting.com
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