KKR to Triple Sustainable-Investing Group With ESG in Vogue

  • Private equity firm poaches ESG talent from Blackstone, CVC
  • Team leader Elizabeth Seeger sees ‘momentum in sustainability’
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KKR & Co. will almost triple its sustainable-investing group as the $429 billion alternative-asset manager sharpens its focus on environmental, social and governance goals.

The unit responsible for working with investment teams to implement sustainable strategies and metrics across asset classes will rise to 12 from four by year-end, according to its leader, Elizabeth Seeger. Recent hires include former Blackstone Inc. ESG chief Alison Fenton-Willock and Dianne Kim, KKR’s first ESG compliance officer, who previously worked at CVC Credit Partners.