KKR & Co. Inc. announced that Kimberly A. Ross has been appointed to the Board of Directors of KKR & Co. Inc. effective September 20, 2023. Her appointment will bring the number of independent directors to ten out of a total of fourteen Board seats, a statement said. Ross is the former Chief Financial Officer…
KKR, a leading global investment firm, has announced the final close of KKR Asia Pacific Infrastructure Investors SCSp (the “Fund”), a US$3.9 billion fund focused on infrastructure-related investments across Asia Pacific. Commenting on the development, Ming Lu, Head of KKR Asia Pacific, said: “We are thrilled to announce the close of our inaugural Asian infrastructure…
KKR, a global investment firm, announced that it has entered into a definitive agreement to purchase a controlling stake in J.B. Chemicals & Pharmaceuticals Ltd, one of the leading Indian pharmaceutical companies specializing in branded formulations. As part of the agreement, KKR will acquire its stake from the founding Mody family at a purchase price…
A consortium led by KKR that includes Temasek, announced that it has completed the acquisition of an investment in Vinhomes Joint Stock Company, the leading integrated real estate developer in Vietnam. The KKR-led consortium has collectively invested VND15.1 trillion (US$650 million) which translates into a c.6% equity stake in Vinhomes. Following the transaction, Vingroup Joint…
The developer of battle game Fortnite, Epic Games is reportedly looking to raise $750mn at a valuation of $17bn, according to a Bloomberg report. The valuation includes the new funding and is up from the $15bn valuation the company garnered in 2018. As more and more startups are laying off employees, the recent development at…
After US-based corporations like Facebook, General Atlantic and KKR invested heavily in Mukesh Ambani-led Jio Platforms, global tech giant Microsoft is reportedly in talks with the company for a potential investment of $2bn. Jio Platforms is the digital unit of Reliance Industries Limited. According to a LiveMint report, Microsoft has been in discussions with several…
KKR Capstone, an important driver of value creation for KKR and KKR portfolio companies today announced the appointment of Ananya Tripathi, former Myntra Chief Strategy Officer, as the Director of KKR Capstone in India, effective from January 2019. KKR Capstone has over 90 team members globally, with more than 20 based in Asia, made up of…
Air Works India Engineering Pvt Ltd (Air Works), India’s leading provider of Aviation Services, today announced that it has made a strategic investment in Dubai based private aviation specialist, Empire Aviation Group FZCO (EAG). This move will help Air Works increase its footprint in the Middle East and provide world class aircraft management services to…