Private equity giant Kohlberg Kravis Roberts & Co. L.P (KKR), has roped in Tashwinder Singh as director of KKR India to be based in Mumbai. Singh joins KKR after serving over 18 years at Citigroup India and in his last assignment was managing director and business head, commercial banking at Citigroup.
Singh is an alumnus of the Delhi College of Engineering and received his MBA from the Faculty of Management Studies (Delhi). His appointment will help grow KKR’s private equity and NBFC operations in India.
“The increasing need for strategic capital has led us to partner with and provide multi-asset solutions to promoters helping them scale-up growth. Tashwinder’s depth of experience and relationships with high potential businesses across India will strengthen our efforts in establishing partnerships with promoters who share our philosophy and gain from the long-term value and operational benefits we seek to provide,” said Sanjay Nayar, CEO of KKR India.
KKR India has 15 investment professionals based in Mumbai, focusing both on private equity and non-banking financial services. With over $1 billion invested in India, KKR’s has a portfolio of majority and minority stakes in companies including Aricent, Cafe Coffee Day, Dalmia Cement, Bharti Infratel and its most recent investment in Magma Fincorp.
Early this year, KKR had appointed Steven R. Okun as director of public affairs in Asia Pacific. Okun will be responsible for overseeing KKR’s public affairs, corporate citizenship and external communications in Asia Pacific, as well as for helping to support the public affairs and communications efforts of the PE major’s portfolio companies.