Global investment firm KKR announced the promotions of Nate Taylor and Pete Stavros as global co-heads of its $165 billion flagship private equity business.

In their new roles, Taylor and Stavros will add responsibility for the firm’s private equity businesses in Europe and Asia.

Taylor joined KKR in 2005. Prior to the current promotion, he co-led KKR’s Americas private equity business since 2019. Stavros also joined KKR in 2005 and co-led Americas private equity business with Taylor. Stavros is also chairman of a labor center of excellence at KKR and is the founder of Ownership Works.

“We are incredibly proud of our strong track record in private equity and the firm’s leadership positions in the US, Europe and Asia. This new global role will further optimize the culture of collaboration that underpins the success we deliver for clients,” said Joe Bae and Scott Nuttall, co-chief executive officers of KKR.

KKR’s private equity business includes about 300 investment professionals managing a portfolio of more than 200 companies in private equity, middle market, core private equity, healthcare, technology and impact.

“We are honored by this appointment and look forward to supporting KKR’s local investment teams by delivering the firm’s global network, resources and expertise to highly localized investment opportunities worldwide,” added Taylor and Stavros.

Pictured l to r: Pete Stavros and Nate Taylor