Kohlberg Kravis Roberts (KKR), the New York-headquartered global alternative asset manager, has appointed Tara Davies as a managing director in the global infrastructure team.
Davies joins KKR from Australia's Macquarie Group, where she was a senior managing director and head of infrastructure mergers & acquisitions in the bank's advisory group. She has over 17 years of experience in the global infrastructure industry in both Sydney and London.
“Davies' considerable experience in both fund investments and advisory will bring a new dimension to KKR's growing global infrastructure platform,” commented Jesus Olmos, global co-head of infrastructure and head of Spain at KKR.
The private equity firm has committed over $4.5 billion in equity across its global infrastructure platform. Its investments span seven sectors, including renewable energy, heating, rail, telecoms, parking, water and midstream with a presence in over 20 countries.
For its infrastructure business, KKR sources investments with certain risk characteristics, including physical assets, assets central to the functioning of the local economy, irreplaceable assets, assets with long-term cashflows, assets that have limited sensitivity to economic cycles and assets that are inflation-hedged.
Last July, KKR announced the final close of the KKR Global Infrastructure Investor II, a $3.1 billion global investment vehicle focused on identifying, pursuing, executing, and managing infrastructure investments in the OECD countries.