Prashant Kumar, a managing director with KKR in India, is relocating to Singapore to head up the firm’s Southeast Asia private equity business, according to a report from Reuters, citing two people familiar with the matter.
One of the Reuters sources revealed that Kumar, who has been with KKR in Mumbai since 2018, is due to move to Singapore to take up his new role in July.
Kumar, an alumnus of The Wharton School and the Indian Institute of Technology, will work with Ashish Shastry, a partner who heads Southeast Asia and co-heads the firm’s Asia Pacific Private Equity business.
KKR has boosted its presence in India and Southeast Asia in recent years having raised $15 billion for its fourth Asia-Pacific focused private equity fund in 2021.
