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KKR Appoints General David Petraeus as Chairman of the Middle East and Establishes Dedicated Investment Team in the Region

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KKR, a global investment firm, announced a significant expansion in the Middle East with two key appointments. General David Petraeus has been named Chairman of KKR Middle East, while Julian Barratt-Due will lead a new dedicated investment team in the region.

The expansion builds on KKR's 16-year presence in the Middle East, including local offices since 2009 and direct capital deployment since 2019. The firm has strengthened its Global Client Solutions team with Directors Patricia Bandeira Vieira and Michael de Freitas relocating to the region.

KKR's previous regional investments include partnerships with Gulf Data Hub, a major data center platform, and ADNOC Oil Pipelines in 2019. The firm also acquired a commercial aircraft portfolio from Etihad Airways in 2020 through Altitude Aircraft Leasing platform.

KKR, una società di investimento globale, ha annunciato una significativa espansione in Medio Oriente con due nomine chiave. Il Generale David Petraeus è stato nominato Presidente di KKR Medio Oriente, mentre Julian Barratt-Due guiderà un nuovo team di investimento dedicato nella regione.

L'espansione si basa sui 16 anni di presenza di KKR in Medio Oriente, compresi uffici locali dal 2009 e un'implementazione diretta di capitale dal 2019. L'azienda ha rafforzato il suo team Global Client Solutions con i Direttori Patricia Bandeira Vieira e Michael de Freitas che si trasferiranno nella regione.

Gli investimenti regionali precedenti di KKR includono collaborazioni con Gulf Data Hub, una piattaforma di data center di grande importanza, e con ADNOC Oil Pipelines nel 2019. L'azienda ha anche acquisito un portafoglio di aerei commerciali da Etihad Airways nel 2020 attraverso la piattaforma Altitude Aircraft Leasing.

KKR, una firma de inversión global, anunció una expansión significativa en Medio Oriente con dos nombramientos clave. El General David Petraeus ha sido nombrado Presidente de KKR Medio Oriente, mientras que Julian Barratt-Due liderará un nuevo equipo de inversión dedicado en la región.

La expansión se basa en los 16 años de presencia de KKR en Medio Oriente, que incluye oficinas locales desde 2009 y la implementación directa de capital desde 2019. La firma ha fortalecido su equipo de Global Client Solutions con los Directores Patricia Bandeira Vieira y Michael de Freitas que se trasladarán a la región.

Las inversiones regionales anteriores de KKR incluyen asociaciones con Gulf Data Hub, una importante plataforma de centros de datos, y ADNOC Oil Pipelines en 2019. La firma también adquirió un portafolio de aeronaves comerciales de Etihad Airways en 2020 a través de la plataforma Altitude Aircraft Leasing.

KKR, 글로벌 투자 회사,가 중동에서 두 가지 주요 임명으로 중요한 확장을 발표했습니다. 데이비드 페트레우스 장군이 KKR 중동의 의장으로 임명되었고, 줄리안 바라트-듀가 이 지역의 전담 투자 팀을 이끌게 됩니다.

이번 확장은 KKR의 중동에서의 16년간의 존재를 기반으로 하며, 2009년부터 현지 사무소를 운영하고 2019년부터 직접 자본을 배치하고 있습니다. 이 회사는 Patricia Bandeira Vieira와 Michael de Freitas 이사가 이 지역으로 이전하면서 글로벌 고객 솔루션 팀을 강화했습니다.

KKR의 이전 지역 투자에는 2019년 Gulf Data Hub, 주요 데이터 센터 플랫폼과의 파트너십 및 ADNOC Oil Pipelines와의 협력이 포함됩니다. 이 회사는 또한 2020년 Etihad Airways로부터 상업 항공기 포트폴리오를 Altitude Aircraft Leasing 플랫폼을 통해 인수했습니다.

KKR, une société d'investissement mondiale, a annoncé une expansion significative au Moyen-Orient avec deux nominations clés. Le Général David Petraeus a été nommé Président de KKR Moyen-Orient, tandis que Julian Barratt-Due dirigera une nouvelle équipe d'investissement dédiée dans la région.

Cette expansion s'appuie sur les 16 années de présence de KKR au Moyen-Orient, y compris des bureaux locaux depuis 2009 et un déploiement direct de capital depuis 2019. La société a renforcé son équipe Global Client Solutions avec les Directeurs Patricia Bandeira Vieira et Michael de Freitas qui déménageront dans la région.

Les investissements régionaux précédents de KKR comprennent des partenariats avec Gulf Data Hub, une plateforme majeure de centres de données, et ADNOC Oil Pipelines en 2019. La société a également acquis un portefeuille d'avions commerciaux d'Etihad Airways en 2020 via la plateforme Altitude Aircraft Leasing.

KKR, eine globale Investmentgesellschaft, hat eine bedeutende Expansion im Nahen Osten mit zwei wichtigen Ernennungen angekündigt. General David Petraeus wurde zum Vorsitzenden von KKR Naher Osten ernannt, während Julian Barratt-Due ein neues, spezialisiertes Investmentteam in der Region leiten wird.

Die Expansion baut auf KKR's 16-jähriger Präsenz im Nahen Osten auf, einschließlich lokaler Büros seit 2009 und direkter Kapitalbereitstellung seit 2019. Das Unternehmen hat sein Global Client Solutions-Team mit den Direktoren Patricia Bandeira Vieira und Michael de Freitas verstärkt, die in die Region ziehen werden.

Zu den früheren regionalen Investitionen von KKR gehören Partnerschaften mit Gulf Data Hub, einer bedeutenden Datenzentrum-Plattform, und ADNOC Oil Pipelines im Jahr 2019. Das Unternehmen erwarb auch 2020 ein Portfolio von Verkehrsflugzeugen von Etihad Airways über die Plattform Altitude Aircraft Leasing.

Positive
  • Strategic expansion in high-growth Middle East market
  • Appointment of high-profile leader with regional expertise
  • Establishment of dedicated investment team for regional opportunities
  • Track record of successful regional investments including Gulf Data Hub and ADNOC partnerships
Negative
  • None.

Expansion builds on 16-year local presence and several investments in the region

NEW YORK & RIYADH, Saudi Arabia & DUBAI, United Arab Emirates--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that it is expanding its presence in the Middle East including the appointment of General David Petraeus (US Army, Ret.) as Chairman of KKR Middle East and the establishment of a dedicated investment team in the region led by Julian Barratt-Due, a Managing Director at KKR. These appointments build on KKR’s ongoing strategic commitment to the region, including having local offices since 2009 and deploying capital directly since 2019.

General David Petraeus (US Army, Ret.), Partner and Chairman of the KKR Global Institute and Chairman of KKR Middle East

General David Petraeus (US Army, Ret.), Partner and Chairman of the KKR Global Institute and Chairman of KKR Middle East

General Petraeus, former CIA Director and former Commander of US Central Command, is a Partner at KKR and Chairman of the KKR Global Institute, which assesses geopolitical issues and supports international growth, as well as a Board Director and strategic advisor to KKR portfolio companies and the Kissinger Fellow at Yale University’s Jackson School of Global Affairs. In his expanded role, General Petraeus will leverage his extensive Middle East knowledge and stakeholder relationships to strengthen KKR’s presence and partnerships in the region.

Julian Barratt-Due, who joined KKR in 2016, has been instrumental in a broad range of infrastructure investments, including the recent agreement to invest into Gulf Data Hub, a major independent data center platform in the Middle East with an owned portfolio of seven purpose-built and state-of-the art data centers in the UAE and Saudi Arabia, and additional facilities planned in Kuwait, Qatar, Bahrain and Oman. Julian will lead the new regional investment team to identify investment and partnership opportunities in the region, with a focus on the Gulf Cooperation Council (GCC) countries.

Building on 16 years in the region, KKR has also strengthened and grown its Global Client Solutions team based across KKR’s offices in the UAE and Saudi Arabia, with Directors Patricia Bandeira Vieira and Michael de Freitas moving to the region last year to focus on strategic partnerships and client engagement across the Middle East.

Joe Bae and Scott Nuttall, Co-CEOs of KKR, commented: “We view the Middle East as an increasingly important destination for investment, with structural reforms, pro-investment policies, and favorable demographic trends accelerating economic growth. With General Petraeus’ unparalleled insight into the region's strategic and economic landscape, and Julian’s expertise in optimizing and growing businesses, we believe KKR can be a valuable partner for clients and companies across the Middle East."

General Petraeus served over 37 years in the U.S. military, concluding his career with six consecutive commands as a general officer, including command of the Surge in Iraq, U.S. Central Command and coalition forces in Afghanistan. After retiring, he was confirmed by the Senate as Director of the CIA (Agency) with a vote of 94-0, leading the Agency as it achieved significant milestones in the global war on terror, the establishment of important Agency digital initiatives, and significant investments in the Agency’s human capital. General Petraeus also earned a Ph.D. from Princeton University in a combination of international relations and economics.

General David Petraeus (US Army, Ret.), Partner and Chairman of the KKR Global Institute and Chairman of KKR Middle East, said: "The Middle East is emerging as a leading investment powerhouse with a clear vision, impressive innovation, strong fiscal position, and increasingly partnership-orientated private sector and governments. We see growing opportunities for KKR to partner with leading domestic businesses, bringing differentiated expertise to deliver value while supporting governments’ strategic economic goals. It will be a pleasure to be spending considerable time in the Middle East, and to help build on regional momentum and contribute to its growing global presence.”

Julian Barratt-Due, Managing Director at KKR, added: “The Middle East represents a compelling investment destination driven by the size and growth of the economy, favorable demographic trends, and a stable currency and jurisdictional climate. As the region’s economy is diversifying and foreign direct investment flows are increasing, we are excited to invest long-term capital and be a partner to businesses and our stakeholders to drive economic growth and value creation aligned with the region’s strategic objectives.”

In addition to the strategic partnership with Gulf Data Hub, KKR’s prior investments in the region include a strategic partnership with ADNOC in 2019 to create ADNOC Oil Pipelines, which marked the first midstream infrastructure collaboration between a leading global institutional investor and a national oil company in the Middle East. KKR also acquired a portfolio of commercial aircraft from Etihad Airways in 2020 through aircraft leasing investment platform Altitude Aircraft Leasing, which was established by KKR’s credit and infrastructure funds in 2018 to acquire aircraft serviced by Altavair.

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.

Media contacts

Annabel Arthur, KKR

+44 7554 919 491

Annabel.Arthur@kkr.com

Source: KKR

FAQ

What is the significance of KKR's Middle East expansion and General Petraeus appointment?

KKR's expansion strengthens its 16-year regional presence, with General Petraeus bringing strategic expertise and relationships to enhance KKR's partnerships and investment opportunities in the Middle East.

What are KKR's major investments in the Middle East region?

KKR has invested in Gulf Data Hub (data centers), ADNOC Oil Pipelines (2019), and acquired aircraft from Etihad Airways (2020) through Altitude Aircraft Leasing.

How long has KKR been operating in the Middle East?

KKR has had a presence in the Middle East for 16 years, with local offices since 2009 and direct capital deployment since 2019.

Who will lead KKR's new investment team in the Middle East?

Julian Barratt-Due, a Managing Director who joined KKR in 2016, will lead the new regional investment team focusing on GCC countries.
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