Kohlberg Kravis Roberts & Co. (KKR), the American global-investment company is all set to hire about 150 people for its Gurugram office. The hiring will be done by early 2024. The firm is looking for talent in technology, finance, operations and human capital.
Nisha Awasthi is presently managing the office as the managing director, while Gaurav Trehan, who was the chief executive officer, India operations, KKR, has now been promoted and will head private-equity operations in the Asia-Pacific.
With the opening of this office, KKR has followed in the footsteps of Apollog Global Management and Citel Securities that have also opened their offices in India to support their global operations.
KKR offers capital markets, alternative asset management and insurance solutions to clients, globally. It has been investing in India since 2006 and has invested significantly across various asset classes and even retail units.
Amongst its recent investments are Lenskart, Jio Platforms, Reliance Retail Ventures, Five Star Business Finance and Avendus Capital.
Last week, the American private-equity firm successfully sold an industrial property of about 4,65,000 square metres, for a total aggregate value of more than $560 million.
This sale included over 50 industrial buildings across Chicago, Atlanta, Dallas-Fort Worth, Central Pennsylvania and the Lehigh Valley. These are all mainly assets in KKR’s Real Estate Partners Americas II fund.
In 2021, the firm sold a 14.5 million square feet of industry property for about $2.2 billion to Oxford Properties Group, a Canadaian a real estate investor.