HONG KONG--(BUSINESS WIRE)--
KKR has announced the appointment of Rob Yang as Managing Director and
Head of Greater China in the Firm's Real Estate team, effective June 1,
2016. In the role Mr. Yang will be responsible for sourcing investments
and continuing to build KKR's real estate platform in China. He will
also work in close partnership with Bryan Southergill, Managing Director
in the Real Estate team, to advance KKR's broader regional real estate
investment strategy across the region.
Mr. Yang will be based in Hong Kong and, like Mr. Southergill, will
report to Ralph Rosenberg, Global Head of KKR Real Estate, and Joseph
Bae, Managing Partner of KKR Asia.
"We are very excited to have an investment professional and real estate
expert of Rob's caliber join our Asia team. His track record and
expertise will be a great asset to KKR and will better enable us to
pursue compelling opportunities in Greater China and further our
strategic goal of building a leading real estate platform in Asia," said
"China is a very attractive market for real estate given the broader
macroeconomic dynamics. The credit environment combined with shifting
demographics has created a need for financial solutions and
restructurings across commercial, residential and mixed-use properties.
By leveraging Rob's extensive network of developers, property owners and
investors in China we are well-positioned to provide these capital
solutions to strong local partners," said Mr. Rosenberg.
Mr. Yang joins KKR from The Blackstone Group in Hong Kong, where he was
a Managing Director in its real estate group. Mr. Yang joined Blackstone
in 2007 and was one of its earliest joiners in Asia. He helped to
establish the firm's China real estate investment platform, manage a
team of real estate professionals, and led the investment processes for
a number of key transactions, with a focus on Greater China.
Prior to Blackstone, Mr. Yang was a member of The Carlyle Group's real
estate team in Hong Kong. He holds a Master of Business Administration
from INSEAD and Bachelor of Business Administration from the University
of Michigan, Ann Arbor.
Mr. Yang said, "It is a great opportunity to join such a world-class
firm at this exciting time for the real estate market. KKR has
cultivated a reputation as an innovator by providing differentiated and
holistic financial solutions to real estate owners and developers. I
look forward to working with the KKR team to source new investment
KKR's real estate business mandate globally is to make control or
influence investments and transactions across the capital structure. KKR
has been investing in real estate in Asia Pacific since 2011 and has
deployed more than US$700 million in equity and debt across
approximately 20 real estate transactions in Australia, China, India and
KKR is a leading global investment firm that manages investments across
multiple asset classes including private equity, energy, infrastructure,
real estate, credit and hedge funds. KKR aims to generate attractive
investment returns by following a patient and disciplined investment
approach, employing world-class people, and driving growth and value
creation at the asset level. KKR invests its own capital alongside its
partners' capital and brings opportunities to others through its capital
markets business. References to KKR's investments may include the
activities of its sponsored funds. For additional information about KKR
& Co. L.P. (NYSE: KKR), please visit KKR's website at www.kkr.com and
on Twitter @KKR_Co.
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Anita Davis, +852 3602 7335
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Source: KKR & Co. L.P.
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