KKR hires new EMEA energy chief

Haroun van Hövell joins the US firm from Riverstone Holdings, where he focused on managing exploration & production and midstream investments.

Kohlberg Kravis Roberts (KKR) has appointed Haroun van Hövell as head of its energy team covering Europe, Middle East and Africa (EMEA).

Van Hövell, who will also take the title of managing director, will join the New York-headquartered asset manager from Riverstone Holdings, an energy and power-focused fund manager long associated with US buyout group The Carlyle Group.

The firm launched its first independent vehicle in 2011, which it subsequently closed in 2013 on $7.7 billion.

A managing director at Riverstone, van Hövell was in charge of sourcing and managing investments across the energy industry, with a particular focus on the exploration and production as well as the midstream sectors. His prior experience also includes roles at Dutch liquid natural gas (LNG) business 4Gas Holding, The Carlyle Group and Salomon Smith Barney, a lender now part of US bank Citigroup.

“KKR’s longstanding presence and track record in the EMEA region and its flexible and entrepreneurial approach to investments in the energy sector are particularly attractive,” commented van Hövell in a statement.

KKR manages $8.7 billion in energy and infrastructure related assets. It has 180 investment professionals spread across six offices in the EMEA region.