KKR assigns Temasek to lead its Asia-Pacific equity investment strategy

Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, United States, August 23, 2018. REUTERS / Brendan McDermid / File Photo

Dec. 2 (Reuters) – KKR & Co Inc (KKR.N) on Thursday appointed Mukul Chawla, chief executive of Singaporean state investor Temasek, to lead the US private equity firm’s investment strategy in emerging companies with strong growth in Asia. Peaceful.

In his newly created role as Head of Growth Equity in Asia-Pacific, Chawla will anchor KKR’s plan to invest in sectors such as tech, healthcare, fintech, consumer and other growth categories, the investment giant noted.

Chawla has been with Temasek since 2010 and until recently was Managing Director, Co-Head of Global Telecommunications, Media & Technology, and Co-Head of North America.

During that time, he sponsored 39 technology buyouts and growth investments, including Airbnb (ABNB.O), Xiaomi (1810.HK), Doordash (DASH.N), Roblox (RBLX.N) and Alphabet Inc (GOOGL. O) Waymo, KKR said.

KKR also announced that its Head of Technology Investments at KKR Asia, Lucian Schönefelder, will step into the advisory role.

Yamini CS reporting in Bangalore; Editing by Devika Syamnath

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