KKR hiring in Australia for Asia-Pacific infra fund

23 October 2019 - 12:00 am UTC

KKR is in talks to make its first hire in Australia for its fledgling Asia-Pacific infrastructure platform, a source close to the matter told Inframation sister publication SparkSpread.

The storied private equity firm has already made around a dozen hires in Asia, including former Macquarie infrastructure executive David Luboff. He joined earlier this year in Singapore to head the regional infrastructure business.  

Other hires include Hardik Shah, who joined the firm in Mumbai last year from Brookfield Asset Management; Hong Kong-based Michael de Guzman, who started in March from Credit Suisse, where he was head of the Philippines; and Keith Kim, who came in as a director in Seoul, South Korea, from Macquarie. 

The appointments come as KKR looks to raise its debut Asia-Pacific Infrastructure Investors fund. It is aiming to raise some USD 1.5-2bn, according to media reports.  

The fund made its first investment in April, partnering with Singapore’s GIC to acquire a 57% stake in IndiGrid – the owner of inter-state power transmission assets in India.

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