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Head of KKR’s Australia business to retire

Justin Reizes, head of Kohlberg Kravis Roberts’ Australia business, is retiring from the firm, according to an investor letter recently sent to limited partners.

Reizes is leaving to “spend more time with his young family,” the letter said.

Reizes joined KKR in 1999 and has been head of KKR’s activities in Australia and New Zealand since 2007, the letter said. Prior to the opening of the Australia office, Reizes worked in KKR’s London, Hong Kong and Tokyo offices.

The Australia team, which has grown to 14 local professionals, will continue reporting to KKR’s co-heads of Asia private equity Ming Lu and David Liu, andJoe Bae, managing partner of KKR Asia, the letter said.

Some of the investments the Australia team made under Reizes’ leadership include logistics business Bis Industries, healthcare company GenesisCare, sandalwood plantation operator Santanol, media business Seven Media Group, and Sundrop Farms, the letter said.

In a separate letter, KKR announced that Craig Farr, head of credit and KKR Capital Markets, has decided to retire to pursue entrepreneurial endeavors. Farr’s retirement was recently reported in the press. Farr will continue with KKR as a strategic advisor.

Adam Smith will take over Farr’s KKR Capital Markets responsibilities, whileNat Zilkha and Alan Burke will continue to lead KKR’s credit business, the letter said. Scott Nuttall, meanwhile, will continue to lead KKR Credit and Capital Markets with Smith, Zilkha and Burke reporting to him, the letter said.

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