Sunday, 24 July 2016
Last updated 1 day ago
Apr 12 2013 | 10:12am ET
Kohlberg Kravis Roberts has a new leader in Japan.
The private equity firm on Wednesday named Hirofumi Hirano CEO of KKR Japan.
Hirano comes to KKR from AlixPartnersAsia, where he led its Asian financial services effort. He succeeds Shusaku Minoda, who becomes chairman of KKR Japan.
KKR is preparing to close a new $6 billion Asia fund, its second. Hirano's is the fourth senior hire by the firm in Asia in the last few months.
"Looking out over the next decade and beyond, to continue our growth we must have the ability to do more than we can today," Joseph Bae, managing partner of KKR Asia, said. "Across Asia, private equity is not the form of capital that makes sense to everybody."