Global investment firm KKR today announced it is expanding its operations in India with the opening of a new office in Gurugram. 

Ryan Stork, chief operating officer of KKR, said, “Having a team in Gurugram will strengthen our operating model across the globe by expanding our reach and enabling us to tap into a fantastic talent pool. Today’s milestone marks the beginning of a sizable investment in talent in India, as the new location is an important part of how we scale our global operations and service our clients.” 

The statement issued by the firm said that it expects to welcome approximately 150 new employees in Gurugram by early 2024, initially including finance, operations, human capital, and technology talent by the end of the year. The Gurugram-based team will support KKR’s growth and enhance the Firm’s business operations, as well as allow for a global operating model that aims to deliver consistent service and coverage to internal and external clients across the world. 

As part of the expansion, the Firm also announced the appointment of Nisha Awasthi who joined KKR as a managing director to manage the new office. Awasthi joins KKR after spending nearly two decades at BlackRock, where she was most recently head of financial markets advisory at BlackRock India, also based in Gurugram. 

“We are thrilled to deepen our presence in and commitment to India and build a team of collaborative professionals who will be committed to KKR’s culture of excellence,” added Gaurav Trehan, KKR’s head of Asia Pacific private equity and head of India. “We are also pleased to welcome Nisha to the team. She brings to KKR her extensive experience building and managing teams in Gurugram, and her perspectives and leadership will be invaluable as we look to deliver on our strategic priorities and develop talent through our new office.”   

KKR offers alternative asset management as well as capital markets and insurance solutions. It aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit, and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life, and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries.