
KKR appoints Scott Bookmyer as Australia head
Scott Bookmyer, COO of KKR’s Asian operation, has been given the additional role of head of Australia. He will relocate from Hong Kong to Sydney and start work in July.
In his capacity as regional COO, Bookmyer oversees core elements of KKR's business operations and various strategic initiatives. He will continue to perform these duties and also remain on the firm's Asia private equity investment committee and chair the Asia portfolio management committee.
Bookmyer, who joined KKR's Capstone operating team in 2002 and move to Hong Kong in 2010 to serve as head of Capstone in Asia, was appointed COO in April 2014. In becoming Australia head, he effectively replaces Justin Reizes who left KKR in 2015 after more than 15 years with the firm.
"Transferring Scott to Sydney will leverage his experience - both globally and in the Asia-Pacific region - to strengthen our franchise in a strategically important market. Scott will provide proven leadership across KKR's varied and growing investment platforms in Australia, which include private equity, real estate, energy and resources and credit," Joe Bae, Asia managing partner at KKR, said in a statement.
KKR has invested more than A$3 billion in Australia. Last year it announced what was at the time the region's largest ever private equity buyout - the $6.3 billion purchase of GE Capital's Australia and New Zealand consumer lending unit alongside Värde Partners and Deutsche Bank.
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.