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Updated Dec 22, 2020 | 07:35 IST
Trehan joined KKR earlier this year from TPG Capital Asia, where he was a partner in the India office. He will head KKR s private equity business in India. Guarav Trehan replaces Sanjay Nayar as head of KKR India | Photo Credit: Twitter
Mumbai: Global buyout major KKR on Monday said Gaurav Trehan, a recent hire from rival TPG, will replace its long-standing India head Sanjay Nayar. Nayar, who has been with the private equity fund since 2009, will transition to a new role as chairman of KKR India, an official statement said.
Trehan joined KKR earlier this year from TPG Capital Asia, where he was a partner in the India office. He will head KKR s private equity business in India.
Global buyout major KKR on Monday said Gaurav Trehan, a recent hire from rival TPG, will replace its long-standing India head Sanjay Nayar. Nayar, who has been with the private equity fund since 2009, will transition to a new role as chairman of KKR India, an official statement said. Trehan joined KKR earlier this year from TPG Capital Asia, where he was a partner in the India office. He will head KKR s private equity business in India. We are grateful to Sanjay for his role in establishing our business in India, partnering with and empowering local entrepreneurs to build their businesses into local and global champions, making KKR a leading investor in India, and helping to grow our Asia Pacific business, Joseph Bae, KKR s co-president and co-chief operating officer, said.
Synopsis
KKR India chief executive Sanjay Nayar, who has been with the private equity fund since 2009, will transition to a new role as the chairman, an official statement said.
Agencies
Trehan has spent more than 15 years in the industry, and evaluated and executed private equity transactions across a diverse range of sectors in India, the statement said.
Mumbai: Global buyout major KKR on Monday said Gaurav Trehan, a recent hire from rival TPG, is taking over as the head of its private equity business in India.
KKR India chief executive Sanjay Nayar, who has been with the private equity fund since 2009, will transition to a new role as the chairman, an official statement said.