Kohlberg Kravis Roberts & Co. (KKR) announced today that it has
appointed Mr. Naohiko Kitsuta as a Managing Director of KKR, based in
Japan. Mr. Kitsuta joins KKR from MKS Partners Limited (MKS) where he
was a Partner, in charge of leading buyouts in the consumer services
and retail sectors.
Joseph Y. Bae, a Member of KKR, who leads the Firm's business in
Asia, said, "We are delighted that Naohiko will be joining us at KKR.
He has an excellent track record in executing buyouts in Japan, which
will be of considerable value to the KKR team as we build our business
in this region."
Taketo Yamakawa, Chief Executive Officer of KKR's Japan
operations, added, "I am excited to welcome Naohiko on board, and look
forward to working with him closely in Japan as we look to identify
opportunities in the Japanese market."
Prior to joining MKS in February 2000, Mr. Kitsuta worked for the
Boston Consulting Group in Tokyo, where he advised US companies on how
to set up Japanese subsidiaries. Prior to joining the Boston
Consulting Group, Mr. Kitsuta worked for the former Bank of Tokyo,
Marunouchi Branch, where he was involved in derivatives structuring
and contributed to the formulation of the branch's sales strategy. He
joined the Bank of Tokyo upon graduation from university in 1991. Mr.
Kitsuta is a graduate of the School of Law, Waseda University, and has
an MBA from Dartmouth College.
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 completed
approximately 150 transactions with a total value of over US$274
billion. For more information, please visit www.kkr.com.
