Empresas y finanzas

KKR Announces Appointment of Hisashi Hosokawa as Senior Advisor in Japan



    Kohlberg Kravis Roberts & Co. (KKR) announced today
    that, effective August 1, 2006, it has appointed Mr. Hisashi Hosokawa
    as a Senior Advisor in Japan. Mr. Hosokawa has had a long and
    distinguished career at Japan's Ministry of International Trade &
    Industry(1) ("MITI"), rising to the position of Vice Minister for
    International Economic Affairs in 1996, before becoming a Special
    Advisor to MITI in 1997. He also acted as a Non-Executive Advisor to
    the Long Term Credit Bank of Japan(2) in 1997 and 1998.
    Henry R. Kravis, Founding Partner of KKR, said, "In every market
    that KKR operates, it is crucial that we have access to top quality
    advice and insights into local business practices and networks. To
    this end we are delighted that Mr. Hosokawa has accepted the position
    of Senior Advisor to KKR, and look forward to building our business in
    Japan utilizing the invaluable assistance he can provide."
    Joseph Y. Bae, a Member of the Firm who leads KKR's business in
    Asia, added, "Mr. Hosokawa's extensive knowledge of Japanese business
    and regulatory bodies and focus on reform and the recovery of Japanese
    companies will add a significant further dimension to our operations
    in this market. In addition, his experience will complement that of
    the Japan team we currently have in place, headed by Tak Yamakawa."
    Taketo Yamakawa, Managing Director and Chief Executive Officer of
    KKR Japan Ltd., commented, "We are delighted that Mr. Hosokawa has
    agreed to join us as a Senior Advisor. His experience will prove
    invaluable to us as we work to establish KKR as a leading partner for
    Japanese firms, looking for growth, development, and in some cases,
    overseas expansion."
    Hisashi Hosokawa added, "I am excited about my new role as a
    Senior Advisor with KKR in Japan. KKR's principles of partnering with
    management in order to create value attracted me to the position. I
    look forward to working with my colleagues at KKR to assist Japanese
    companies as they look for opportunities to strengthen their
    operations."
    Mr. Hosokawa joined MITI in 1964, upon graduation from Kyoto
    University with a Bachelor of Arts in Economics. During his career at
    MITI he served in a number of areas, including the Directorate of
    Science, Technology and Industry (seconded to the OECD), the Budget
    Division, the Trade Policy Bureau, the Petroleum Department of the
    Energy and Natural Resources Agency, the Commercial and Distribution
    Affairs, and the Basic Industry Bureau. He was appointed as Vice
    Minister for International Economic Affairs in 1996.
    Since his retirement from the Ministry Mr. Hosokawa has served
    either on the Boards of or as Advisor to a number of companies,
    including Green ARM Co., Ltd., Hitachi Construction Machinery Co.,
    Ltd., TERPL -- the Indian joint venture between Green ARM, Hitachi
    Construction Machinery and Indian partners including a TATA Group
    company, Nitto Denko Co., Ltd., and RESPECT LLP. In addition, Mr.
    Hosokawa was Founder and Executive Partner of the Strategy Design
    Institute, MSK Research Institute in 1999, and an Executive Advisor to
    MSK Research Institute since 1997, as well as acting as the Chairing
    Director of middle-sized business club, ECOFACTURE since 2004.
    Mr. Hosokawa has also held a number of visiting professorships and
    lectureships at universities, including Kwansei Gakuin University from
    2001 to 2004, and the University of California, San Diego in 1998
    amongst others. He also holds a Master in Public Administration from
    the John F. Kennedy School of Government, Harvard University,
    completed in 1969.

    (1) Renamed Ministry of Economics, Trade & Industry in 2001
    (2) Now Shinsei Bank, Limited

    About KKR

    Kohlberg Kravis Roberts & Co. (KKR) is one of the world's oldest
    and most experienced private equity firms specializing in management
    buyouts. Founded in 1976, it has offices in New York, Menlo Park,
    London, Paris, Hong Kong and Tokyo.
    Throughout its history, KKR has brought a long-term investment
    approach to its portfolio companies, focusing on working in
    partnership with management teams and investing for future
    competitiveness and growth. Over the past 30 years, KKR has invested
    in approximately 141 transactions with a total value of over US$195
    billion. For more information, please visit www.kkr.com.