Wednesday, April 7, 2010 as of 11:14 AM ET
Henry R. Kravis (born January 6, 1944) is an American businessman and private equity investor. He is the co-founder of Kohlberg Kravis Roberts & Co., a private equity firm with over $62 billion in assets as of 2011. He has an estimated net worth of $3.7 billion as of September 2011, ranked by Forbes as the 88th richest man in America.
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Private-equity giant KKR (NYSE:KKR) tapped former Wall Street heavyweight John Mack on Tuesday to join the firm as a senior advisor.
Mack, 67, served as CEO at Morgan Stanley (NYSE:MS) from 2005 until 2010, leading the investment bank both before and during the financial crisis.“John Mack is a great leader who we believe will add enormous value to KKR's investors, partners and our portfolio. He will help make us smarter investors and strengthen our firm,” KKR co-founder and co-CEO Henry Kravis said in a statement.By signing on as a senior advisor, Mack will join a roster of current and former senior execs who consult with KKR’s investment professionals. Other senior advisors include Honeywell (NYSE:HON) CEO David Cote , Qantas Chairman Leigh Clifford and Ford Fraker, the former U.S. ambassador to Saudi Arabia. Before leading Morgan Stanley, Mack served as chairman of Pequot Capital Management and was co-CEO of Credit Suisse (NYSE:CS) and CEO of Credit Suisse First Boston.“The volatile e...
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By Megan DaviesNEW YORK (Reuters) - Henry Kravis, co-founder of private equity firm Kohlberg Kravis Roberts & Co, has pledged $100 million to the Columbia Business S...
Sara Lee ’s ( SLE ) stock surged nearly 20% on Monday in the wake of a report that the maker of Ball Park franks received a $12 billion takeover bid.According to the...
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