KKR & Co LP has expanded its team in Japan ahead of closing its new $6 billion pan-Asia fund with specialist hires from Goldman Sachs Group Inc and consultancy firm McKinsey & Co. KKR, founded in 1976 and led by Henry Kravis and George Roberts, has hired Hiro Shimizu, head of financial institutions at Goldman Sachs Japan's financing group. KKR also hired Sakae Suzuki, a McKinsey specialist in technology, media and telecoms, and operations, the U.S. takeover firm said in a statement on Monday.The hires increase the firm's Japan team, established in 2006, to 12 people based in Tokyo.Shimizu joins to expand the presence of KKR Capital Markets in Japan, the firm's specialist credit unit. Private equity firms globally are using credit products to diversify revenues, as they develop alternative asset management structures.Suzuki joins KKR Capstone, a consultancy unit that focuses on improving operations at KKR companies.
Financial Institutions, Inc. (FII) is a financial holding company. Shares of FISI remained unchanged at $20.09. In the past year, the shares have traded as low as $15.22 and as high as $20.83. On average, 21628 shares of FISI exchange hands on a given day and today's volume is recorded at 0.
The Goldman Sachs Group, Inc. (Goldman Sachs) is a global investment banking, securities and investment management firm that provides a range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Shares of GS remained unchanged at $150.53. In the past year, the shares have traded as low as $90.43 and as high as $159.00. On average, 4529720 shares of GS exchange hands on a given day and today's volume is recorded at 0.
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