KKR names General Petraeus as chair of Middle East business in regional push
The US-based private equity firm KKR has appointed General David Petraeus, as chairman of its Middle East operations as it looks to ramp up business in the oil-rich region.
KKR, which has been operating in the region since 2009 and has offices in Dubai and Riyadh, is also setting up a dedicated investment team in the region led by Julian Barratt-Due, a managing director at the firm.
Petraeus, former US Army general who was also once the Director of the CIA, and who is a partner at the firm, said the Middle East is emerging as a leading investment powerhouse, adding that KKR sees 'growing opportunities' to partner with leading domestic businesses.
(Writing by Brinda Darasha; editing by Seban Scaria)
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