KKR Expands West Coast Presence With New Office In Los Angeles

Rhea-AI Summary

KKR expands West Coast operations with new office in Los Angeles

Positive

• KKR opens new office in Los Angeles to support real estate, private equity, private wealth, and institutional client relationship teams
• Expansion in Southern California provides flexibility for further growth
• Brings KKR team closer to clients in LA

Negative

• No negative takes found

NEW YORK & LOS ANGELES--(BUSINESS WIRE)-- KKR today announced the expansion of its West Coast operations with the opening of a new office in Los Angeles. Located in Century City, the space will initially support the firm’s real estate, private equity, private wealth and institutional client relationship teams.

Ryan Stork, Partner and Chief Operating Officer of KKR, said, “We have had a significant presence on the West Coast for four decades and we are pleased to grow our footprint in Southern California with the opening of a new office in Century City. We deliberately selected a location that provides flexibility for further expansion to support the needs of our business.”

“Our teams have been spending a lot of time in LA and we have built a strong real estate investment business across the Pacific and Southwestern U.S. Having a permanent presence in LA serves as a natural extension of our existing footprint in Northern California and brings more of our team closer to some of our clients,” said Ralph Rosenberg, Partner and Global Head of KKR Real Estate at KKR.

KKR has approximately 250 employees based in California across three offices. With the Los Angeles office, KKR has offices in 24 cities around the globe, including U.S. offices in New York, Menlo Park, San Francisco, Houston and Miami. In addition, KKR’s real estate investment services platform, K-Star Asset Management, opened a new Dallas office last year.

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 and on Twitter @KKR_Co.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230801473555/en/

Media

Miles Radcliffe-Trenner

+1 212-750-8300

media@kkr.com

Source: KKR

FAQ

What is KKR?

KKR is a global investment firm

Where is the new office located?

The new office is located in Century City, Los Angeles

What teams will the new office support?

The new office will support the real estate, private equity, private wealth, and institutional client relationship teams

How many employees does KKR have in California?

KKR has approximately 250 employees in California

How many offices does KKR have globally?

KKR has offices in 24 cities worldwide

What other cities in the US does KKR have offices in?

KKR has offices in New York, Menlo Park, San Francisco, Houston, and Miami