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PEGCC elects KKR’s Mehlman as chairman

The Private Equity Growth Capital Council has elected Kohlberg Kravis Roberts’ global head of public affairs Ken Mehlman as chairman of the Council’s board of directors. Mehlman replaces Mark Tresnowski, managing director and general counsel at Madison Dearborn Partners.

Press Release

The Private Equity Growth Capital Council announced on December 19 that Ken Mehlman has been elected Chairman of the Council’s Board of Directors. Mr. Mehlman serves as a Member and Global Head of Public Affairs at Kohlberg Kravis Roberts & Co. L.P., a founding member of the PEGCC. Mr. Mehlman brings more than two decades of public policy, political, communications and business experience to the PEGCC, having served previously in high-level positions on Capitol Hill, at the White House, and as Chairman of the Republican National Committee.

Mr. Mehlman succeeds Mark Tresnowski, Managing Director and General Counsel at Madison Dearborn Partners.

“As a member of the PEGCC’s Board of Directors, Ken has long been a driving force behind our major initiatives,” said Steve Judge, PEGCC President and CEO. “We’re very pleased to have him as our new chairman. Ken is a unique talent with two decades of experience at the highest levels of government, politics and business. The PEGCC and our members will benefit tremendously from his leadership, advice and counsel.”

As chairman, one of Mr. Mehlman’s primary responsibilities will be to help expand the PEGCC’s outreach efforts to educate and engage a broad set of stakeholders about the value of a vibrant and dynamic private equity industry. At KKR, Mr. Mehlman has worked to formalize outreach and created a robust environmental, social and governance (ESG) program for the firm and its portfolio companies.

“I’m privileged to succeed Mark as Chairman of the PEGCC,” said Mr. Mehlman. “I have enormous respect for the PEGCC’s important work engaging with public policy makers to encourage more economic growth and retirement security for millions of Americans. I also share the PEGCC’s goal of building a community of investors who seek superior returns while also emphasizing active, responsible governance, long term investment and measuring success in years not quarters.”

“I would personally like to thank Mark for his invaluable contributions and leadership for PEGCC and the industry as a whole throughout his tenure as Chairman,” said Steve Judge, PEGCC President and CEO. “From our many legislative battles over carried interest and the Dodd-Frank Act to the 2012 presidential election that brought our industry into the national spotlight, Mark provided the PEGCC with exceptional leadership,” Judge concluded.

– See more at: http://www.pegcc.org/newsroom/newsletters/kkrs-ken-mehlman-elected-new-chairman-of-the-private-equity-growth-capital-council/#sthash.mVKeVeu4.dpuf