KKR opens Shanghai office

KKR said its presence in Shanghai would enhance its ability to provide companies with value-added capabilities beyond capital investment alone. The firm sees further opportunities to leverage its global footprint, operational and capital market resources, and industry expertise to support Chinese companies pursuing regional and global expansion through cross-border deals.

KKR has deployed more than $3 billion in Greater China since 2007. As of August, it had completed 26 investments in asset classes ranging from private equity to real estate.

“Our objective is to be the partner of choice to leading companies looking to enter a new phase of growth and expansion. The addition of a Shanghai office – which complements our existing offices in Beijing and Hong Kong – better enables us to fulfill that goal in Greater China and underscores the importance we place on the Chinese market,” said Joe Bae, co-president and co-COO of KKR, in a statement.

Bae was elevated to his present role last month, having previously spent 12 years building out KKR’s Asian operation. In addition to Shanghai, the firm has offices in Beijing, Hong Kong, Mumbai, Seoul, Singapore, Sydney, and Tokyo, with more than 135 executives focusing on multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and hedge funds.

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• Topics
• Greater China
• Buyout
• People
• China
• Appointments