George R. Roberts ’66 P’93 — CMC Trustee, Philanthropist, and Co-Founder of Kohlberg Kravis Roberts & Co. — Announced as

  George R. Roberts ’66 P’93 — CMC Trustee, Philanthropist, and Co-Founder of
  Kohlberg Kravis Roberts & Co. — Announced as 2013 Commencement Speaker

Business Wire

CLAREMONT, Calif. -- February 19, 2013

Claremont McKenna College (CMC) has announced that Trustee and financier
George R. Roberts ’66 P’93, Co-founder of Kohlberg Kravis Roberts & Co. (KKR)
and its co-chairman and co-chief executive officer, will deliver the keynote
address at the College’s 66^th Annual Commencement ceremonies set for 2 p.m.
on Saturday, May 18. The ceremony, honoring the Class of 2013, will be held on
Pritzlaff Field, south of Bauer Center.

George R. Roberts, Co-founder of Kohlberg Kravis Roberts &Co. (KKR). (Photo:
Business Wire)

George R. Roberts, Co-founder of Kohlberg Kravis Roberts &Co. (KKR). (Photo:
Business Wire)

A generous champion of his undergraduate alma mater, Roberts’ name is entwined
with daily life at CMC, including the conclusion last March of the George R.
Roberts Faculty Challenge. The gift-matching measure, launched in 2006, was
the largest gift in the history of the College for direct faculty support, and
raised a total of $60 million to build, support, and strengthen the College’s
academic environment with exceptional scholars committed to teaching and
research. Faculty members who received an endowed chair under the Roberts
Faculty Leadership Initiative are designated as George R. Roberts Fellows.

Within the same year that the Challenge reached its successful conclusion,
Roberts then gave an unrestricted gift of $50 million to the College, which
pushed the College past its $600 million Campaign for Claremont McKenna goal.
Announced in December 2012, his unrestricted gift led the Board of Trustees to
designate in his honora state-of-the-art new fitness and athletics facility
as the Roberts Pavilion.

“Claremont McKenna College is honored to welcome George Roberts as this year’s
keynote speaker,” said Pamela Gann, president of the College. “For me,
personally, having George Roberts serve as our speaker at my last Commencement
as president is most gratifying. He is the embodiment of all that CMC values.
Simply put, George Roberts exemplifies visionary and transformative
leadership.”

A pioneer of the private equity industry, George Roberts co-founded Kohlberg
Kravis Roberts & Co. in 1976. For more than 30 years, along with KKR
co-founder and CMC Trustee Henry R. Kravis ’67, he has led the firm in its
growth into a leading global alternative asset manager.

He is actively involved in managing the firm and serves on each of the
regional Private Equity Investment and Portfolio Management committees.
Roberts also has served as a director or trustee of several cultural and
educational institutions, including Claremont McKenna College. In addition to
his generous philanthropy at CMC, he is the founder and chairman of the board
of directors of the Roberts Enterprise Development Fund (REDF), a San
Francisco-based venture philanthropy organization that creates jobs and
employment opportunities for people facing the greatest barriers to work. REDF
provides equity-like grants and business assistance to a portfolio of
nonprofits in California to start and expand social enterprises —
nonprofit-operated businesses selling goods and services demanded by the
marketplace, while intentionally employing young people and adults who would
otherwise face bleak prospects of ever getting a job.

Roberts earned his bachelor’s degree from Claremont McKenna College in 1966,
and a J.D. from the University of California (Hastings) Law School in 1969. He
has more than four decades of experience financing, analyzing, and investing
in public and private companies, as well as serving on the boards of a number
of KKR portfolio companies.

His philanthropy already touches many facets of the College’s life. In
addition to the extraordinary Roberts faculty fundraising challenge and his
unrestricted gift to the Campaign, Roberts has also supported construction of
two academic buildings — Roberts North and Roberts South, which house
classrooms and faculty offices — as well as the founding of the Roberts
Environmental Center.

Claremont McKenna College (CMC) is an independent, coeducational liberal arts
college. Established in 1946, CMC is a member of The Claremont Colleges, a
consortium of seven independent institutions in Claremont, California.

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Contact:

Media:
Claremont McKenna College (CMC)
Alissa Stedman, 909-607-9246
Alissa.stedman@cmc.edu
 
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