David Petraeus, AKA General Petraeus, is sent to join Kohlberg Kravis Roberts, according to a press release from the KKR website. General Petraeus is a retired four-star general and former director of the CIA. He served more than 37 years in the U.S. Army before his 2011 retirement and appointment to the CIA. He commanded NATO International Security Assistance Force and the U.S. troops in Afghanistan, and has served as commander in several Middle Eastern countries.
Now General Petraeus will serve as the Chairman of KKR Global Institute, a new sector of KKR. He will work alongside Ken Mehlman, who is KKR’s Global Head of Public Affairs and a major player in the marriage equality push. Petraues will also work with Henry McVey, who is Global Head of Macro & Asset Allocation. He will also help oversee KKR’s investment teams “in the diligence process.”
Henry Kravis, Co-CEO and Co-Founder of KKR welcomed General Petraeus warmly into the company, saying, “As the world changes and we expand how and where we invest, we are always looking to sharpen the ‘KKR edge.’ With the addition of General Petraues, we are building on the work we have done to understand the investment implications of public policy, macro-economic, regulatory and technology trends globally.”
General Petraeus seems just as pleased by his new appointment and partnership with KKR. “KKR is one of the best investment firms in the world,” he said. “I am pleased to join such a great team. I have watched KKR evolve as it adapted to the post-financial crisis world and became a go-to partner for companies worldwide. I look forward to supporting the investment teams in their pursuit of the best opportunities for clients and also being a part of a new initiative to provide additional insights to KKR’s clients and companies.”