KKR’s Private Credit Unit Makes Hires in Bet on Asset-Based Debt
- Lees, Piplapure join as managing directors as group grows
- Firm sees large runway in expanding $4.5 trillion market
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KKR & Co. boosted its private credit team with two hires as it looks to expand its footprint in asset-based financing.
The firm added Jim Lees and Vaibhav Piplapure as managing directors focusing on sourcing opportunities in specialty lending and asset-based finance, according to a Wednesday statement. Lees and Piplapure will be based in New York and London, respectively.