With its Euronext listing just days away, KKR this morning will name Jonathan Levin to its newly-created positions of treasurer and head of investor relations. Levin has been with the firm since 2004, most recently as a member of its capital markets unit (previously he focused on financial institutions, including the CapMark Financial and First Data deals).
KKR had originally retained executive recruiter Heidrick & Struggles to search for an IR chief last year, but the process was suspended due to KKR’s IPO delays. It asked Heidrick to restart the search just a month or two ago, but ultimately decided to promote from within.
In a prepared statement, Henry Kravis and George Roberts said:
“Jon’s new roles are important steps that will maximize the value of our capital for our investors, strengthen oversight within KKR and ensure a constructive and robust dialogue with public investors. Jon is well positioned for these critical new roles because he has been instrumental in every step of the firm’s evolution over the past few years.”
KKR is expected to list next month on the Euronext Amsterdam, via a merger with affiliate KKR Private Equity Investors. The combined company then is expected to list in New York within a year, with KKR said to be targeting next spring.