KKR's Navab named sole head of Americas P-E

|About: KKR (KKR)|By:, SA News Editor

Alex Navab previously shared the role with Michael Michelson, but Michelson is being move aside and will now be spending more time sourcing deals and working with portfolio companies, according to a memo sent to investors, and seen by Bloomberg.

Confirming the story, a KKR spokeswoman says the move is related to "streamlining" management of the group.