Saturday, 20 December 2014
Last updated 16 hours ago
Mar 21 2011 | 6:56am ET
Just as it begins to drum up interest from new investors, Kohlberg Kravis Roberts is losing its head of investor relations.
Jonathan Levin, who has served in that role and as the private equity giant's treasurer for less than two years, will join hedge fund Grosvenor Capital Management in his native Chicago. At Grosvenor, Levin will be head of business development, strategy and new products, Bloomberg News reports.
New York-based KKR may now split the two jobs currently held by the 29-year-old Levin, possibly promoting two people from within. Citigroup said in a research note that Scott Nuttal, global head of capital and asset management, CFO William Janetschek and Levin deputy Pam Testani are likely to fill in for the time being.
Levin has been with KKR since 2004, when he joined the firm from Bear Stearns. He became treasurer and head of investor relations in September 2009, nine months before KKR listed itself on the New York Stock Exchange.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.