Petraeus Chair of KKR's Middle East Ambitions
Investor - People | Apr 14, 2025 | Zawya
US-based private equity giant KKR has named General David Petraeus as the chairman of its Middle East operations, marking a strategic move to expand in the oil-rich region. KKR has been active in the Middle East since 2009 and maintains offices in Dubai and Riyadh. In a further boost to its regional activities, the firm is establishing a dedicated investment team led by Managing Director Julian Barratt-Due. Petraeus, who is also a partner at KKR and a former Director of the CIA, highlighted the growing potential of the Middle East as an investment hub and expressed KKR's interest in partnering with leading local businesses.
Sectors
- Private Equity
- Investment Management
- Oil & Gas
Geography
- Middle East – KKR is expanding its operations in the Middle East, indicating the geographical focus of the article.
- United States – KKR is a US-based private equity firm mentioned in the article.
Industry
- Private Equity – The article discusses KKR, a prominent private equity firm, expanding its operations in the Middle East.
- Investment Management – KKR is setting up an investment team in the Middle East, indicating its focus on investment management in the region.
- Oil & Gas – The Middle East is mentioned as oil-rich, an important factor in KKR's regional business strategy.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| KKR | Private Equity Firm | Company | A US-based private equity firm expanding its operations in the Middle East. |
| General David Petraeus | Chairman of Middle East Operations | People | A former US Army General and Director of the CIA appointed as chairman by KKR in the Middle East. |
| Julian Barratt-Due | Managing Director | People | Leading the dedicated investment team KKR is setting up in the Middle East. |