KKR Appoints Diego Piacentini as Senior Advisor Back to Press Releases

KKR Appoints Diego Piacentini as Senior Advisor

September 20, 2019

NEW YORK–(BUSINESS WIRE)– KKR, a leading global investment firm with approximately $200 billion in assets under management, today announced the appointment of Diego Piacentini as a Senior Advisor, effective immediately. In his role, Mr. Piacentini will support KKR’s technology, media and telecom (TMT) investment activities globally, given his more than 30 years of experience in the sector.

Mr. Piacentini’s appointment follows a career spanning both the public and private sectors. He started his career holding a number of roles at Apple EMEA throughout his more than a decade at the company before joining Amazon in Seattle. Mr. Piacentini spent sixteen years at Amazon as Senior Vice President of the International Consumer Business with responsibility for all international retail operations. Reporting directly to founder Jeff Bezos, he oversaw the launch and growth of Amazon’s e-commerce operations in global markets including Europe, Japan, China and India. Most recently, Mr. Piacentini served in the Italian Government as Commissioner for Digital Transformation, reporting directly to the Prime Minister. In this role, he founded and scaled the Government’s Digital Transformation Team, delivering various initiatives to support the digitization of public services in Italy.

Mr. Piacentini is currently a member of the Executive Committee and a Board Director of Bocconi University in Italy, from which he graduated with a degree in Economics. He also is a mentor of Endeavor Global, a global entrepreneurship mentoring program, and is a board member of Endeavor Italy which he co-founded in 2016.

Joe Bae and Scott Nuttall, Co-Presidents and Co-Chief Operating Officers of KKR, said: “Diego has an outstanding track record of leadership in business and government and we’re thrilled that we will be able to benefit from his expertise, particularly as it relates to the technology sector where we are deeply invested and continue to expand our activities across the U.S., Europe and Asia. Diego’s experience, including scaling one of the largest international technology platforms globally, will be extremely valuable to our investment teams and our portfolio companies.”

Diego Piacentini said: “KKR has built an incredible reputation, for its relationships with founders and its ability to help leading companies expand globally. I am excited to work together with KKR, especially in the technology sector, its partners and its portfolio companies as the Firm continues to grow in this area and many others.”

KKR has a long record of supporting TMT companies, having invested over $26 billion of equity in TMT-related private equity and growth equity investments since 1983. KKR has announced multiple investments across the TMT sector in 2019 alone, including MYOB in Australia, OneStream and KnowBe4 in the U.S., Exact Software in the Netherlands; and heidelpay Group and Axel Springer in Germany.

About KKR

KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate and credit, with strategic partners that manage hedge funds. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. KKR invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. References to KKR’s investments may include the activities of its sponsored funds. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.

US:
Kristi Huller or Cara Major
212-750-8300
media@kkr.com

International:
Alastair Elwen
Finsbury
+44 (0) 20 7251 3801
alastair.elwen@finsbury.com

Source: KKR


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Media Contacts

Americas

Kristi Huller
Miles Radcliffe-Trenner
Julia Kosygina
Telephone: +1 (212) 750-8300

Email: media@kkr.com

EMEA

Annabel Arthur
Telephone: +44 20 7839 9800

Email: kkrpr-uk@kkr.com

Asia-Pacific

Anita Davis
Wei Jun Ong
Telephone: +852 3602 7335

Email: media@kkr.com

Investor Relations

‍Craig Larson
Telephone: +1 (877) 610-4910
Outside US: +1 (212) 230-9410
Facsimile: +1 (212) 750-0003
Email: Investor-Relations@kkr.com

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This presentation contains certain forward-looking statements pertaining to KKR & Co. Inc. and its consolidated subsidiaries (collectively “KKR”), including certain investment funds, vehicles and accounts that are managed by KKR (each, a “fund”). Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. The forward-looking statements are based on KKR’s beliefs, assumptions and expectations of its future performance, taking into account all information currently available to it. These beliefs, assumptions and expectations can change as a result of many possible events or factors, not all of which are known to KKR or are within its control. If a change occurs, KKR’s business, financial condition, liquidity and results of operations, including but not limited to, assets under management, fee paying assets under management, after-tax distributable earnings, capital invested, syndicated capital, uncalled commitments, cash and short-term investments, fee related earnings, fee and yield segment EBITDA, core interest expense and book value, may vary materially from those expressed in the forward-looking statements. The following factors, among others, could cause actual results to vary from the forward-looking statements: whether KKR realizes all or any of the anticipated benefits from converting to a corporation and the timing of realizing such benefits; whether there are increased or unforeseen costs associated with the conversion, including any adverse change in tax law; the volatility of the capital markets; the general volatility of the capital markets; failure to realize the benefits of or changes in KKR’s business strategies including the ability to realize the anticipated synergies from acquisitions or strategic partnerships or other transactions; availability, terms and deployment of capital; availability of qualified personnel and expense of recruiting and retaining such personnel; changes in the asset management industry, interest rates or the general economy; underperformance of KKR's investments and decreased ability to raise funds; and the degree and nature of KKR’s competition. All forward-looking statements speak only as of the date they are made. KKR does not undertake any obligation to update any forward-looking statements to reflect circumstances or events that occur after the date on which such statements were made except as required by law. In addition, KKR’s business strategy is focused on the long-term and financial results are subject to significant volatility.

Additional information about factors affecting KKR, including a description of risks that may be important to a decision to purchase or sell any common or preferred stock of KKR & Co. Inc., can be found in KKR & Co. Inc.’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and its other filings with the SEC, which are available at www.sec.gov.

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