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KKR India CEO Sanjay Nayar named new Chairman, Gaurav Trehan to head PE business enterprise in India



a man wearing a suit and tie smiling at the camera: KKR India CEO Sanjay Nayar named new Chairman, Gaurav Trehan to head PE business in India


© Soumalya Santikari
KKR India CEO Sanjay Nayar named new Chairman, Gaurav Trehan to head PE business enterprise in India

KKR India Monetary Services on December 21 declared that CEO Sanjay Nayar will think the position of Chairman, efficient from December 31, 2020 onwards.

“As Chairman Nayar will suggest and assist KKR’s India business by leveraging his connectivity and encounter across the region,” the statement study.

Joseph Bae, Co-President and Co-Main Running Officer of KKR acknowledged Nayar’s part in “establishing the business in India, partnering with and empowering nearby business owners, producing KKR a major investor in India, and helping increase the Asia-Pacific small business.” Introducing: “We appear forward to Sanjay’s continued assistance in click here his new role.”

The company also declared that Gaurav Trehan will consider in excess of as Head of KKR’s private equity (PE) business. He joined the enterprise this calendar year from TPG Capital Asia the place he evaluated and executed personal equity transactions throughout a diverse variety of sectors in https://seophee.com/ the country.

Ming Lu, Head of KKR Asia Pacific noted Trehan’s repertoire as “one of India’s prime PE investors” adding: “With his potent expenditure acumen, partnership-oriented frame of mind, and his track record of making worth in businesses, we are self-confident he will allow us to increase our potential to support the local financial state and take homegrown enterprises to the up coming phase of progress and enhancement.”

In Indian considering the fact that 2006, KKR proven its Mumbai business in 2009. As of September 30 this yr, it has deployed about $5.8 billion in PE investments in India and $10 billion throughout asset procedures this sort of as credit history, infrastructure and authentic estate.