KKR Names Paula Campbell Roberts Chief Investment Strategist for Private Wealth
March 22 2023 - 7:00AM
Business Wire
New role deepens KKR’s commitment to
collaborating with private wealth firms and financial advisors and
expanding individual investors’ access to its alternative
investment strategies
KKR, a leading global investment firm, today announced the
appointment of Paula Campbell Roberts as Chief Investment
Strategist for Private Wealth. In this newly created role, Ms.
Roberts will work closely with KKR’s Global Macro, Balance Sheet
and Risk team to deliver actionable investment insights to KKR’s
private wealth partners, which include wirehouses, private banks,
independent/regional broker-dealers, registered investment advisors
(RIAs) and fintech platforms.
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Paula Campbell Roberts. (Photo: Business
Wire)
“Investors are rethinking the traditional 60/40 portfolio
construction model and are increasingly looking towards alternative
investments as a source of uncorrelated returns. Given our nearly
five decades of experience investing in alternatives, we believe we
are well positioned to help individuals meet their retirement
needs,” said Todd Builione, Global Head of Private Wealth at KKR.
“Paula’s appointment underscores our commitment to building a
market-leading wealth business that brings the best of KKR’s
insights and alternative investment strategies to this important
and growing segment.”
“Having worked closely with Paula for the past seven years, I am
confident that her breadth of experience across macroeconomics,
deal related work, and asset allocation will make her a trusted
resource to financial advisors and our private wealth investors,”
said Henry McVey, CIO of KKR’s Balance Sheet and Head of Global
Macro and Asset Allocation (GMAA).
KKR manages nearly $70 billion in private wealth assets (as of
December 31, 2022) through relationships with private wealth firms
and a large network of Financial Advisors and RIAs. Currently,
individual investors can access KKR’s real estate and credit
investments through its continuously offered registered funds, KKR
Real Estate Select Trust (KREST) and KKR Credit Opportunities
Portfolio (KCOP). Beyond real estate and credit, KKR has previously
stated that the firm intends to have ways for individuals to access
its investments in private equity and infrastructure in 2023. KKR
expects private wealth assets to account for 30-50% of its annual
fundraising over the next several years.
“I am thrilled to work with Todd, Henry and the private wealth
team to deepen our relationships with private wealth firms and
Financial Advisors by providing differentiated and trusted insights
that help them navigate and thoughtfully incorporate alternative
investments into their portfolios,” said Ms. Roberts.
Ms. Roberts was most recently Managing Director and Global Head
of Consumer and Real Estate Macro and Thematic Investing (CREM). In
this role, Ms. Roberts helped drive thematic investing efforts
across KKR’s global real estate, consumer private equity and credit
businesses. Prior to joining KKR in 2017, she was an executive
director at Morgan Stanley, where she managed coverage of the U.S.
consumer sector. Ms. Roberts is a member of the Federal Reserve
Bank of New York’s Economic Advisory Panel. She also serves on the
board of the American Friends of Jamaica and is a Lincoln Center
Leadership Fellow.
About KKR
KKR is a leading global investment firm that offers alternative
asset management as well as capital markets and insurance
solutions. KKR aims to generate attractive investment returns by
following a patient and disciplined investment approach, employing
world-class people, and supporting growth in its portfolio
companies and communities. KKR sponsors investment funds that
invest in private equity, credit and real assets and has strategic
partners that manage hedge funds. KKR’s insurance subsidiaries
offer retirement, life and reinsurance products under the
management of Global Atlantic Financial Group. References to KKR’s
investments may include the activities of its sponsored funds and
insurance subsidiaries. For additional information about KKR &
Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and
on Twitter @KKR_Co.
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Media: Julia Kosygina 212-750-8300 media@kkr.com
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