- Preparing the ground for its next flagship North American buyout fund, KKR (NYSE:KKR) is merging some of its private equity industry teams in the U.S. after several more of its leaders stepped down.
- KKR will combine its technology group with its media and communications team and merge its retail team with its consumer group.
- "We believe this realignment reflects the convergence of the internet, technology, media and communications industries, with end markets," said KKR executives Alexander Navab and Suzanne Donohoe.