Kohlberg Kravis Roberts & Co. (KKR), an American global investment firm, plans to hire approximately 150 people for its Gurugram office. The hiring process will be completed by early 2024. The company is looking for people with experience in technology, finance, operations, and human capital.
Nisha Awasthi is currently the managing director of the office, while Gaurav Trehan, who was previously the chief executive officer of KKR’s India operations, has been promoted to head private-equity operations in Asia-Pacific.
KKR has followed in the footsteps of Apollog Global Management and Citel Securities, which have both opened offices in India to support their global operations.
Globally, KKR provides capital markets, alternative asset management, and insurance solutions to clients. It has been investing in India since 2006 and has made significant investments in a variety of asset classes as well as retail units.
Lenskart, Jio Platforms, Reliance Retail Ventures, Five Star Business Finance, and Avendus Capital are among its recent investments.
Last week, the American private-equity firm successfully sold a 4,65,000-square-metre industrial property for a total aggregate value of more than $560 million.
Over 50 industrial buildings were sold in Chicago, Atlanta, Dallas-Fort Worth, Central Pennsylvania, and the Lehigh Valley. The majority of these are assets in KKR’s Real Estate Partners Americas II fund.
In 2021, the company sold a 14.5 million square foot industrial property to Oxford Properties Group, a Canadian real estate investor, for approximately $2.2 billion.