Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

KKR taps Temasek exec to head Asia-Pacific growth investment strategy

12/02/2021 | 05:35am EST
FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the NYSE in New York

(Reuters) -KKR & Co Inc on Thursday appointed Mukul Chawla, a managing director at Singapore state investor Temasek, to lead the U.S. private equity firm's growth investment strategy into emerging companies in the Asia-Pacific.

In his newly created role as head of Growth Equity in Asia Pacific, Chawla will anchor KKR's plan to invest across sectors such as technology, healthcare, fintech, consumer, and other growth categories, the investment giant said https://media.kkr.com/news-details/?news_id=85275b7c-b4fa-4270-9ac2-def7f2b03a7f.

Chawla, whose appointment will be effective Dec. 9, will be based in Asia but also work out of KKR's global offices, including Menlo Park in California.

After joining Temasek in 2010, Chawla helped build their telecom, media and technology division as well as the North America business based in New York and San Francisco.

During this time, he sponsored 39 technology buyouts and growth investments including Airbnb, Xiaomi, Doordash, Roblox, and Alphabet Inc's Waymo, KKR said.

KKR also announced that its head of technology investing at KKR Asia, Lucian Schönefelder, would transition to the role of an advisor.

(Reporting by Yamini C S in Bengaluru; Editing by Devika Syamnath)


ę Reuters 2021
Latest news "Economy & Forex"
05:03pHong Kong's financial sector faces talent crunch as expats head for the exit
RE
05:02pKohl's under fresh pressure as Sycamore expresses interest after Acacia made bid
RE
04:45pAs soldiers mutiny in Burkina Faso, government dismisses talk of coup
RE
04:39pAs soldiers mutiny in Burkina Faso, government dismisses talk of coup
RE
04:04pMCCAUL ON FACE THE NATION : “Putin Smells Weakness”
PU
03:30pUkraine receives second batch of U.S. weapons in Russian stand-off
RE
03:22pBelgian police fire water cannon, tear gas during COVID curbs protest
RE
03:06pBelgian police fire water cannon, tear gas during COVID curbs protest
RE
02:35pCrews make progress against California wildfire that triggered evacuations
RE
02:16pECB's Rehn expects euro zone inflation of around 2% in next two years -Handelsblatt
RE
Latest news "Economy & Forex"