KKR Income Opportunities Fund Announces Executive Changes
December 16, 2020 at 05:27 pm EST
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KKR Income Opportunities Fund (KIO) reported that The Board of Trustees of KIO has appointed Eric Mogelof as Trustee, Chair and President of the Fund. Mogelof replaces Suzanne Donohoe who has resigned from her role as Trustee, Chair and President of KIO. Mogelof recently joined KKR as a Partner and Global Head of KKR's Client and Partner Group, succeeding Donohoe who was promoted to a new role as KKR's first Global Head of Strategic Growth. Prior to joining KKR, Mogelof most recently served as head of PIMCO's U.S. Global Wealth Management business and was a member of PIMCO's Executive Committee.
KKR Income Opportunities Fund (Fund) is diversified, closed-end management investment company. The Fundâs primary investment objective is to seek a high level of current income with a secondary objective of capital appreciation. The Fund seeks to achieve its investment objectives by employing a dynamic strategy of investing in a targeted portfolio of loans and fixed-income instruments of U.S. and foreign issuers and implementing hedging strategies in order to achieve attractive risk adjusted returns. The Fund will invest at least 80% of its managed assets in loans and fixed-income instruments or other instruments, including derivative instruments, with similar economic characteristics. The Fund seeks to invest primarily in first and second lien secured loans, unsecured loans, and high-yield corporate debt instruments of varying maturities. KKR Credit Advisors (US) LLC serves as the investment adviser of the Fund.
KKR INCOME OPPORTUNITIES FUND 
