Search
All times are London time
Most Popular Posts
- Macquarie: The 'great unwind' is coming
- Further reading
- Further reading
- Britain's top export - drunks
- Charts du Jaws
- Turning Japanese? UK house prices
- Lehman's 'mea culpa' letter
- Further reading
- Lunch Wrap
- Hello? Wells Fargo? Anyone there?
- Show more...
- Show less...
Blogs we're reading
- 1440 Wall Street
- Abnormal Returns
- Alea
- All About Alpha
- Arbitrage View
- Bespoke Investment Group
- Big Picture
- Brad Setser: Follow the money
- Bronte Capital
- Calculated Risk
- Capital Chronicle
- Capitalist Resistance
- Credit Writedowns
- Crossing Wall Street
- Deal Journal
- Dealbook
- Dealbreaker
- Deus Ex Macchiato
- Felix Salmon
- Financial Armageddon
- Financial Crookery
- Fintag
- Free Exchange
- Infectious Greed
- Information Arbritrage
- Intelligent Mergers
- Interactive Investor
- Jeff Matthews
- Marketbeat
- Naked Capitalism
- Naked Shorts
- Nouriel Roubini
- Paul Wilmott
- Practical Risk Management
- Random Roger
- Reuters DealZone
- Robert Peston
- Short Stories
- Sudden Debt
- The Aleph blog
- The Epicurean Dealmaker
- The Oil Drum
- The price of everything
- Ultimi Barbarorum
- Wallstrip
Classified Jobs
- Finance and Resources Director
- Recruiter: International Accounting Standards
- Director of Finance and Corporate Services
- Recruiter: NSPCC
- Newly Qualified Accountants
- Recruiter: Ernst & Young
- Project Accountant
- Recruiter: Retail/ Private Banking
- Finance Business Partner
- Recruiter: Unilever
- Head of Operational Rigour
- Recruiter: Barclaycard International
- Financial Controller – British Gas Business (ACA, ACCA, CIMA, CPA)
- Recruiter: British Gas Business
- Head of Customer Service - Savings
- Recruiter: Nationwide Building Society
Site Navigation
Principal content
KKR expands into infrastructure
KKR will on Friday unveil plans to diversify into infrastructure, hiring a top Lazard executive to lead an expected $10bn fundraising, as the US buy-out group reacts to recent credit market turmoil. The shift into infrastructure is a tacit admission by KKR that it is too focused on “mega buy-outs” of large companies, which have become almost impossible as debt finance has dried up. KKR is also attempting to regain ground on its key rival Blackstone, which has moved faster from being a pure buy-out shop to becoming a diversified alternative asset manager. KKR has hired George Bilicic, former managing director at Lazard responsible for power, energy and infrastructure activities, to oversee its new infrastructure fund, and is also seeking new executives for the fund in Europe and Asia.
- Advertise with the FT
- Press enquiries
- Student offers
- FT Conferences
- FT Research Centre
- Corporate subscriptions
- FT Group
- Partner sites: Chinese FT.com
- Les Echos
- FT Deutschland
- Expansion
- © Copyright The Financial Times Ltd 2007. "FT" and "Financial Times" are trademarks of The Financial Times Ltd. Privacy policy
- Terms
[…] KKR has hired George Bilicic, the former Managing Director at Lazard responsible for its power, energy and infrastructure activities, to assume control its new infrastructure fund, according to the FT. The report also notes KKR is seeking to hire new executives for the fund in Europe and Asia. […]