Global buyout major KKR on Monday elevated Sanjay Nayar, the CEO of its Indian arm, as chairman, while appointing TPG Capital’s Gaurav Trehan as head of its private equity (PE) business in the country. Nayar will assume the new role from December 31 this year.
As chairman, Nayar will advise and assist KKR’s India business by leveraging his connections and experience across the country, KKR said in a release. Nayar set up KKR's India business in 2009 when he became the CEO. KKR has invested over $5.8 billion in PE investments and $10 billion across credit, ...
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