Deals
KKR Hires Ex-CIA Chief Petraeus to Lead Firm’s New Unit
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KKR & Co. hired David Petraeus, the former director of the Central Intelligence Agency, to run a new unit for public policy, economic research and emerging-market due diligence at the private-equity firm.
KKR, led by billionaires Henry Kravis and George Roberts, will create an internal institute to study macroeconomic trends and government policies to assess their implications on the firm’s investments, the New York-based firm said today in a statement. Petraeus will be chairman of the division, called KKR Global Institute, and help the company evaluate investment opportunities in new markets.