The appointment of Bond reflects KKRÆs determination to move up a gear in China, where it has lagged private equity firms such as TPG and Carlyle, as well as the principal investment arms of investment banks such as Goldman Sachs and Morgan Stanley.
KKR also announced this week that it had hired Liu Chuanzhi, the founder of Chinese personal computer company Lenovo, and China Netcom Group vice chairman Edward Tian as senior advisors. In January this year, KKR poached the well-regarded head of Asian private equity, David Liu, from Morgan Stanley to lead its...
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