SÃO PAULO & NEW YORK--(BUSINESS WIRE)--
KKR today announced that Jorge Fergie is joining the firm as Managing
Director to head its São Paulo, Brazil office and business development
in Brazil, effective March 1, 2013.
In this role, Jorge will work with KKR's global investment teams and KKR
Capstone, operational improvement experts who work exclusively with our
portfolio companies, to lead KKR's investment activity in Brazil.
Henry Kravis and George Roberts, Co-Founders and Co-Chief Executive
Officers of KKR, stated: "As one of the world's largest economies,
Brazil is an important area of growth for KKR. Jorge Fergie is a great
leader for our business and we're confident he will further enable us to
find and act on good opportunities for our investors."
Prior to this appointment, Mr. Fergie spent nearly 29 years at McKinsey
& Company ("McKinsey") where he was instrumental in establishing
McKinsey's business in Brazil and throughout Latin America. He is a
seasoned executive who has served as an advisor to governments and
leading Latin American and multinational companies, supporting them in
major transformational programs, including identifying and implementing
operational improvements, restructurings and privatization programs. He
most recently led the Private Equity practice at McKinsey in Brazil and
Latin America. Prior to that he led the Media and Telecom practices and
worked in a wide variety of key sectors of the economy.
"We are very excited to have Jorge join us and work with Henrique
Meirelles to continue building our business in Brazil. Jorge's deep
strategic and operational expertise and history of helping companies
achieve their ambitions fits well with our investment approach," said
Alex Navab, Member of KKR and Co-head of the firm's private equity
business in the Americas. "Jorge's appointment is an important milestone
in our growth in and commitment to Brazil."
In June, 2012, KKR appointed Henrique Meirelles, former Governor of the
Central Bank of Brazil and former President of FleetBoston's Corporate
and Global Bank, as a Senior Advisor to the firm.
Henrique Meirelles commented, "Brazil continues to be fertile ground for
investment opportunities. Jorge is well-respected in the business
community, and I look forward to continuing to build out a high quality
and differentiated investment team in Brazil with him and the rest of
KKR's global team to benefit Brazilian companies and KKR's investors."
Jorge Fergie added, "KKR is a pioneer of the private equity industry,
and I am delighted to be joining such a world-class business. I was
drawn to the firm because of its long track record of success around the
globe, its philosophy of long-term, value-added investing and
differentiated capabilities that will drive its long-term success in
Brazil. KKR doesn't just offer capital; it seeks to be a partner to
leading local companies and entrepreneurs."
Mr. Fergie holds a M-Sc. Degree in Industrial Engineering from Stanford
University. Currently he is a member of the Executive Committee of the
São Paulo Biennale.
KKR conducts business in Brazil through its subsidiary, KKR do Brasil
Gestão de Investimentos e Participações Ltda.
Founded in 1976 and led by Henry Kravis and George Roberts, KKR is a
leading global investment firm with $66.3 billion in assets under
management as of September 30, 2012. With offices around the world, KKR
manages assets through a variety of investment funds and accounts
covering multiple asset classes. KKR seeks to create value by bringing
operational expertise to its portfolio companies and through active
oversight and monitoring of its investments. KKR complements its
investment expertise and strengthens interactions with investors through
its client relationships, capital markets and global stakeholder
relations platform. KKR & Co. L.P. is publicly traded on the New York
Stock Exchange (NYSE: KKR), and references to KKR in this release
include its subsidiaries, their managed investment funds and accounts,
and/or their affiliated investment vehicles, as appropriate. For
additional information, please visit KKR's website at www.kkr.com.
Kristi Huller, + 1 212-230-9722
Borges/Pedro Borges, (21) 3797-6406
Source: Kohlberg Kravis Roberts & Co. L.P.
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