KKR, the US private equity group, has expanded its infrastructure and energy team into Asia with two appointments, according to a statement from the firm.
Tony Schultz joins KKR as managing director in Sydney, a new position within the firm, while Ash Upadhyaya, currently with KKR in the US, will relocate to Singapore.
Both appointments are effective immediately, KKR told FinanceAsia.
It is the first time KKR’s infrastructure and energy team has had a physical presence in the region, KKR told FinanceAsia previously Asia was covered out of the US.
Schultz was formerly managing...