KKR nabs Morgan Stanley China pro

David Liu, a former Morgan Stanley Private Equity Asia pro, will join Kohlberg Kravis Roberts as a managing director in its newly established Hong Kong office.

Kohlberg Kravis Roberts has announced the hiring of David Liu as a managing director in the firm’s newly opened Hong Kong office.

Liu was previously a managing director and co-head of Morgan Stanley Private Equity Asia.

Liu will lead KKR’s investment activities in China, according to a press release.

In a statement KKR co-founder Henry Kravis said Liu would help identify new investment opportunities as well as help existing portfolio companies establish operations in Asia.

Liu said his appointment would help KKR “build a terrific private equity franchise in Asia in the years to come.”

Liu will join Joseph Bae, the KKR partner in charge of the firm’s Asia operations.

Liu, who was raised in China, joined Morgan Stanley Private Equity (now Metalmark Capital) in 1993. He has worked on China investments such as Mengniu Dairy, Ping An Insurance, Nanfu Battery, Paradise Retail, Hengan International, Conch Cement, Belle International.

He has a degree in electrical engineering from Columbia University.

Last year, KKR announced it would open offices in Hong Kong and Tokyo. The firm has also been assessing opportunities in Australia.