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It was announced on May 30, 2013 that General David Petraeus will be joining the team at Kohlberg Kravis Roberts as the Chairman of the newly created KKR Global Institute where he will work closely with Ken Mehlman and Henry McVey.

With the new role of central banks after the financial crisis, new regulations and major changes in public policy, KKR has increased in the areas of social, environmental and governance issues. The KKR Global Institute will be the company’s way to focus on these issues and help the company to expand globally.

“KKR is one of the best investment firms in the world,” General Petraeus stated. “I am very 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.”

General Petraeus will be working very closely with Ken Mehlman, Global Head of Public Affairs and Henry McVey, Global Head of Macro & Asset Allocation.

Ken Mehlman was a key part of establishing the KKR Global Institute. He stated that, “For 37 years, KKR has produced strong returns for our investors by marrying deep industry knowledge with active ownership and a long-term focus. Over the last five years, KKR has established and systematized our focus on stakeholder engagement and macro-economic and geopolitical factors. These considerations are now built into our investment and portfolio management processes and with this new initiative and additional talent, we will take it to the next level.”

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