The Master of the Leveraged Buyout

Kohlberg Kravis Roberts and Co. (KKR) is a leading global alternative asset manager established in 1976. The founders were Henry Kravis and George Roberts who are pioneers of the leveraged buyout industry. In the past, KKR was known for being the master of the leveraged buyout with the image of hostile takeover. But revently it has ditched this image for a kinder, gentler, buy-and-build strategy.

The most recent Senior Executive member that joined in 2008 is Ken Mehlman who is now the Head of Global Public Affairs of the company. Graduated with a B.A. from Franklin & Marshall College and holding a J.D. from Harvard Law School, Ken Mehlman is a member of the COuncil on Foreign Relations and serves on the Senior Advisory Committee of the Harvard University Institute of Politics. Moreover, Ken Mehlman has also served in high level positions on Capitol Hill and even the White House.

Currently KKR has extended its money-saving environmental management program to 20% of its portfolio, including two companies located outside the US. The company has a dozen of companies participating in the Green Portfolio Program and these companies include Accellent Inc, Biomet Inc, Dollar General Corp, HCA Inc., Primedia Inc., Sealy Corp., SunGard Data Systems Inc., and the US Foodservice.

KKR Co-founder Henry Kravis commented, “The business case for environmental management has never been stronger. The Green portfolion Program highlights that environmental performance and business performance can go hand-in-hand. We are ver excited about the momentum to date and the fact we have taken this effort global in such a short period of time.”

Well, congratulaions to both Ken Mehlam and the KKR.

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This entry was posted on Friday, August 13th, 2010 and is filed under Business, Premium News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
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