KKR Appoints General Petraeus to Lead Middle East Business
Investor - People | Apr 14, 2025 | Zawya
US-based private equity firm KKR has announced the appointment of General David Petraeus as chairman of its Middle East operations, signaling a significant step forward in its business strategy in the region. With a history of regional presence dating back to 2009, including offices in Dubai and Riyadh, KKR aims to deepen its commitment by forming a dedicated investment team led by Managing Director Julian Barratt-Due. Petraeus, who holds an illustrious career as a former US Army General and Director of the CIA, highlighted the vast emerging opportunities in the Middle East, remarking on the potential to partner with prominent local firms. This strategic move underscores KKR's intent to capitalize on the Middle East's expanding status as an investment hub.
Sectors
- Private Equity
- Investment Management
- Defense and Security
Geography
- Middle East – The article focuses on KKR's business expansion in the Middle East, highlighting its offices in Dubai and Riyadh.
- United States – KKR, the private equity firm making the appointment, is based in the United States.
Industry
- Private Equity – The article is about KKR, a private equity firm, expanding its presence and operations in the Middle East.
- Investment Management – KKR's establishment of a dedicated investment team in the Middle East signals active investment management operations.
- Defense and Security – General David Petraeus, a former US Army General and CIA Director, is appointed, showcasing the intersection of defense and business leadership in investment strategies.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| KKR | Private Equity Firm | Company | A global investment firm with a presence in the Middle East, expanding its regional operations. |
| General David Petraeus | Chairman of Middle East Operations | Person | Former US Army General and CIA Director, appointed as chairman to lead KKR's Middle East business. |
| Julian Barratt-Due | Managing Director | Person | Leading the new dedicated investment team in the Middle East for KKR. |