Mexico Privcap Video: Energy Reform Fuels Mexican Investment Opportunities
November 20, 2007
New York, NY, November 20, 2007 – Kohlberg Kravis Roberts & Co. today announced three senior executive appointments, which reflect the Firm’s focus on ensuring it has the best resources to support its ongoing global growth.
Commenting on the appointments, KKR co-Founding Members Henry R. Kravis and George R. Roberts, said, “Our more than 400 employees in seven offices around the world are capitalizing on a diverse and exciting range of investment opportunities as a global alternative asset manager. As we continue to grow our talent pool and expand our activities, a strong corporate infrastructure of senior executives will help support our global development and value creation for our investors.
“David Sorkin has been a trusted legal advisor to KKR for more than two decades on both M&A transactions and KKR’s ongoing development, and Bob Gottlieb and Ed Brandman bring top-notch experience in their respective fields to our Firm. With us, they will work on preserving the entrepreneurial spirit that is central to KKR’s culture and success, while helping to drive the next stage of the Firm’s growth.”
David J. Sorkin Biography:
David Sorkin, 48, will join KKR in December 2007 as a Member and General Counsel from Simpson Thacher & Bartlett LLP, where he was a partner and member of the Firm’s Executive Committee. At Simpson Thacher, he specialized in mergers and acquisitions and corporate and securities law matters, including a wide range of private equity transactions. During his tenure at Simpson Thacher, which began in 1985, Mr. Sorkin worked on numerous KKR transactions, including RJR Nabisco, Borden, Inc., Duracell, SunGard Data Systems, Texas Genco, HCA and TXU. He also advised KKR in connection with the initial public offering of KKR Private Equity Investors in 2006.
Mr. Sorkin received his B.A. summa cum laude from Williams College and received his J.D. cum laude from Harvard Law School. From 1984 to 1985, Mr. Sorkin clerked for the Hon. Charles M. Merrill of the U.S. Court of Appeals for the Ninth Circuit in San Francisco.
Robert D. Gottlieb Biography:
Robert Gottlieb, 49, joined KKR earlier this month. He previously spent nearly 20 years at Goldman Sachs, from 1987 through 2005, serving in a number of senior human resource management and administrative roles. These included leading the Corporate Human Resources function for the Firm and playing a major role in the creation of Goldman Sachs’ centralized and highly respected Human Capital Management Division. He subsequently became the Firm’s Chief Training Officer and later was a co-leader of a firmwide compliance and reputational judgment initiative. Mr. Gottlieb, who was a Managing Director of Goldman Sachs, served most recently as Chief Administrative Officer of the Investment Banking Division, where he had oversight responsibility for a range of administrative functions, including all human resource-related activities.
Before joining GoldmanSachs, Mr. Gottlieb was a management consultant at McKinsey & Company. He received a B.A. from the University of Pennsylvania and an M.B.A. from Stanford University Graduate School of Business.
Edward Brandman Biography:
Edward Brandman, 39, joined KKR in August from PriceWaterhouseCoopers, where he was a Managing Director in its Advisory Services group, focused on best-in-class technology strategies to support capital markets and trading activities for clients in the financial services and investments industries. From 2003 through 2006, Mr. Brandman was a Managing Partner at OMT Partners LLC, a boutique advisory firm. Prior to that, he founded and served for two years as the CEO of Renaissance Trading Technologies, a technology firm focused on trading solutions for the NYSE/NASDAQ markets. Before founding Renaissance Trading, Mr. Brandman was Chief Information Officer and Head of Electronic trading at Robertson Stephens as well as a member of its Management Committee from 1998 to 2001.
Mr. Brandman began his career at JP Morgan & Co. in 1991. He received a B.A. from Rutgers College.
Established in 1976, KKR is a leading global alternative asset manager. The core of the Firm’s franchise is sponsoring and managing funds that make private equity investments in North America, Europe, and Asia. Throughout its history, KKR has brought a long-term investment approach to portfolio companies, focusing on working in partnership with management teams and investing for future competitiveness and growth. Additional funds that KKR sponsors include KKR Private Equity Investors, L.P. (Euronext Amsterdam: KPE), a permanent capital fund that invests in KKR-identified investments; and two credit strategy funds, KKR Financial (NYSE: KFN) and the KKR Strategic Capital Funds, which make investments in debt transactions. KKR has offices in New York, Menlo Park, San Francisco, London, Paris, Hong Kong, and Tokyo.
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