KKR Bolsters World-wide Private Fairness Company with Appointment of Dinesh Paliwal

NEW YORK–(Business WIRE)–KKR, a top world-wide financial commitment organization, right now announced the appointment of Dinesh Paliwal, previous Chief Government Officer (“CEO”) of HARMAN Worldwide, as a new Lover in KKR’s global personal fairness organization.

In this part, Mr. Paliwal will help the Agency in identifying worldwide expenditure alternatives in the industrial, shopper and automotive sectors, as effectively as supporting KKR portfolio providers and their leadership groups in executing their operational and strategic expansion strategies.

Henry Kravis, Co-Chairman and Co-Chief Executive Officer at KKR, claimed: “We have acknowledged and adopted Dinesh for a lengthy time, and we are delighted to welcome him to the Business. As CEO of HARMAN Intercontinental, Dinesh did an remarkable position in increasing and positioning HARMAN as a world chief in the purchaser and experienced audio and automotive infotainment market.”

Prior to HARMAN, Mr. Paliwal was President of ABB Ltd., a chief in automation and power, and ran ABB Inc., where by he served as Chairman and CEO of the North American enterprise. He has served on numerous community organization boards and right now sits on the Boards of Bristol Myers Squibb, Nestlé and Raytheon Technologies. He been given his BS from Indian Institute of Technological innovation and his MS in Engineering and MBA in Finance from Miami College in Ohio.

Joe Bae, Co-President and Co-Chief Functioning Officer at KKR, additional: “With much more than a few many years of top worldwide enterprises, Dinesh is a environment-class govt with deep sector knowledge, multicultural expertise and an considerable network of relationships that will be a must have to KKR as we continue on to scale our expenditure corporations globally.”

“I am honored to sign up for KKR, a pioneer in the personal equity business and the gold conventional for increasing organizations via its extended-term expense technique,” explained Mr. Paliwal. “At a time of worldwide development in the industrial and client goods sectors, I am on the lookout forward to working intently with KKR’s world private fairness groups and contributing to the Firm’s lengthy and admirable keep track of record of figuring out and rising world wide champions, whilst generating considerable value for its Limited Partners.”

About KKR

KKR is a leading world-wide investment firm that offers choice asset administration and funds marketplaces and insurance plan alternatives. KKR aims to create interesting expense returns by following a patient and disciplined expense technique, using world-class people, and supporting progress in its portfolio businesses and communities. KKR sponsors investment decision resources that devote in personal fairness, credit history and authentic belongings and has strategic associates that control hedge funds. KKR’s insurance subsidiaries present retirement, existence and reinsurance solutions below the administration of The World Atlantic Economical Team. References to KKR’s investments could consist of the activities of its sponsored funds and coverage subsidiaries. For supplemental information about KKR & Co. Inc. (NYSE: KKR), you should go to KKR’s internet site at www.kkr.com and on Twitter @KKR_Co.