Nayar will assume the new role from December 31 this year. As chairman, Nayar will advise and assist KKR’s India business by leveraging his connections and experience across the country, KKR said in a release. Nayar set up KKR s India business in 2009 when he became the CEO. KKR has invested over $5.8 billion in PE investments and $10 billion across credit, infrastructure, and real estate since 2006. Under Nayar, KKR made one of the best returns in the industry. It made internal rate of return (IRR) of over 20 per cent in deals such as Dalmia Cement and Gland Pharma. It invested about $3 billion in companies such as Reliance Retail, Reliance Jio, etc. this year, the highest by any PE firm in 2020 in the country.
KKR India Financial Services names Sanjay Nayar as chairman; Gaurav Trehan to head private equity Sanjay Nayar serves as director on several of KKR s portfolio companies including Radiant LifeCare, Max Healthcare Institute, Avendus Capital, Max Financial Services, Ramky Enviro Engineers, and Sterlite Investment Managers FP Trending December 21, 2020 16:56:27 IST File image of KKR India CEO Sanjay Nayar. Moneycontrol
KKR India Financial Services has on 21 December announced that CEO Sanjay Nayar will take on the mantle of chairman from 31 December, 2020.
According to a release by KKR, Gaurav Trehan has joined the firm as Head of KKR’s private equity business in India.