KKR's China private equity heads to spin out
David Liu, co-head of Asia private equity and head of China at KKR, and Julian Wolhardt, the regional leader of China, will leave the firm at the end of this year to raise a China-focused fund.
KKR announced the impending departures alongside several new appointments. The changes come as the private equity firm prepares to launch its third pan-regional fund, which has a target of between $6 billion...
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