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

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

KKR India Economic Products and services on December 21 announced that CEO Sanjay Nayar will suppose the purpose of Chairman, efficient from December 31, 2020 onwards.

“As Chairman Nayar will recommend and help KKR’s India business by leveraging his connectivity and working experience across the country,” the assertion read through.

Joseph Bae, Co-President and Co-Chief Running Officer of KKR acknowledged Nayar’s function in “establishing the small business in India, partnering with and empowering neighborhood entrepreneurs, creating KKR a primary investor in India, and helping increase the Asia-Pacific small business.” Adding: “We glimpse forward to Sanjay’s ongoing assistance in his new purpose.”

The business also introduced that Gaurav Trehan will choose about as Head of KKR’s private equity (PE) enterprise. He joined the business this calendar year from TPG Capital Asia exactly where he evaluated and executed personal equity transactions across a varied variety of sectors in the nation.

Ming Lu, Head of KKR Asia Pacific mentioned Trehan’s repertoire as “one of India’s top PE investors” incorporating: “With his robust investment acumen, romance-oriented attitude, and his keep track of document of producing price in businesses, we are assured he will permit us to increase our capability to assist the community economic system and consider homegrown companies to the next phase of progress and enhancement.”

In Indian since 2006, KKR recognized its Mumbai business office in 2009. As of September 30 this year, it has deployed above $5.8 billion in PE investments in India and $10 billion throughout asset procedures this sort of as credit history, infrastructure and authentic estate.