He will lead and accelerate KKR’s regional investment strategy into emerging, high-growth companies across sectors.
Private equity firm KKR has appointed Mukul Chawla to the newly created role of head of growth equity, Asia Pacific, effective 9 December 2021, according to an announcement on Thursday.
Chawla spent over 11 years at state investor Temasek, and was managing director, joint head of global telecom, media and technology, joint head of North America, and a member of its investment and management committees.
He will be based in Asia while also spending considerable time in KKR’s global offices, including Menlo Park, the announcement said.
Important Region
KKR said Chawla will focus on companies in high-growth sectors such as technology, health care, fintech, consumer, and other growth categories in the region.
«We are seeing more homegrown innovation and startups originating in Asia than ever before, and the ideas that these companies and entrepreneurs introduce to our global economy have the potential to transform our daily lives and entire industries,» Ming Lu, partner and head of KKR Asia, said.
«Because of this, Asian growth equity is becoming an increasingly important part of the region’s broader investment landscape,» Lu added.
Asia Partner Takes on New Role
Concurrent with Chawla’s appointment, KKR announced that Lucian Schönefelder, partner and head of technology investing at KKR Asia, will transition to the role of KKR advisor.
Schönefelder joined KKR in 2007, and before moving to Asia, was a partner in KKR’s London office. In his new role, he will support KKR’s Asia Pacific next-generation technology investment strategy and will advise KKR’s portfolio companies.
