July 27, 2017

KKR to invest in Africa

KKR to invest in Africa

KKR & Co. (KKR), the private equity firm started by Henry Kravis and George Roberts, is hiring a dealmaker to look for investments in Africa as it tries to tap the region’s growth, said two people with knowledge of the plan. KKR’s team in Europe, run by Johannes Huth, plans to add the executive in London after reviewing the region’s potential, said the people, who asked not to be identified because the plans are at an early stage. The New York-based firm would use its existing funds to finance investments in Africa and isn’t planning to raise a dedicated pool…