Jul
17
K.K.R. Lays Out a Line of Succession, a Rare Move in Private Equity
ByFew can claim as crucial a role in creating the buyout industry as Henry R. Kravis and George R. Roberts. From a small partnership that began with just $120,000, the two created the colossus now known as Kohlberg Kravis Roberts, the firm that bought RJR Nabisco and defined an era.
Now, more than 40 years after setting up K.K.R., the two billionaire cousins have finally outlined the future of a firm where the K, the K and the R are all gone…
K.K.R. Lays Out a Line of Succession, a Rare Move in Private Equity
