KKR Names Ken Mehlman to Lead Global Public Affairs and Further Drive Firm's Focus on Multiple Stakeholder Interests

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KKR Names Ken Mehlman to Lead Global Public Affairs and Further Drive Firm's Focus on Multiple Stakeholder Interests
    NEW YORK, April 16 /PRNewswire/ -- Kohlberg Kravis Roberts & Co. today
announced that Kenneth B. Mehlman, noted counselor on national legislative
and public affairs initiatives, will join the firm as Managing Director and
Head of Global Public Affairs, a new position.

    Mr. Mehlman will focus on constructive outreach to the numerous
stakeholders of KKR and its portfolio companies around the world, including
relationships with governments, third parties, and NGOs.

    He is currently a Partner at Akin Gump Strauss Hauer & Feld with a bi-
partisan practice in legislative and regulatory counseling. He previously
served in high-level positions on Capitol Hill and the White House,
including as Chairman of the Republican National Committee and Campaign
Manager of President Bush's successful re-election campaign.

    "We have been increasingly engaged with a wide range of constituents in
recent years," said KKR co-Founding Members Henry R. Kravis and George R.
Roberts. "As we continue to communicate the public benefits of private
equity, Ken is a wonderful addition to our executive team, allowing us to
expand and institutionalize our outreach to key groups across our
portfolio.

    "Ken is known for his innovative approach to stakeholder issues and has
been applauded by Republicans and Democrats alike for his integrity and
professionalism. We believe his leadership of a strategic public affairs
function for KKR is an important step in our firm's continuing evolution
and growth and offers our firm a competitive advantage in the future."

    Mr. Mehlman, 41, received his B.A. from Franklin & Marshall College in
1988 and his J.D. from Harvard Law School in 1991. He is a member of the
District of Columbia and Maryland Bars. Mr. Mehlman is a trustee of the
United States Holocaust Memorial Museum, Franklin & Marshall College and
the Strong American Schools Foundation. He is a member of the Council on
Foreign Relations and also serves on the Council on Foreign Relations
Climate Change Task Force, the Senior Advisory Committee of the Harvard
University Institute of Politics, the board of directors at the National
Endowment for Democracy and the executive leadership cabinet of the Martin
Luther King, Jr. National Memorial Foundation.

    About KKR

    Established in 1976, KKR is a leading global alternative asset manager.
The core of the Firm's franchise is sponsoring and managing funds that make
private equity investments in North America, Europe, and Asia. Throughout
its history, KKR has brought a long-term investment approach to portfolio
companies, focusing on working in partnership with management teams and
investing for future competitiveness and growth. Additional funds that KKR
sponsors include KKR Private Equity Investors, L.P. (Euronext Amsterdam:
KPE), a permanent capital fund that invests in KKR-identified investments;
and two credit strategy funds, KKR Financial (NYSE: KFN) and the KKR
Strategic Capital Funds, which make investments in debt transactions. KKR
has offices in New York, Menlo Park, San Francisco, London, Paris, Hong
Kong, Beijing, and Tokyo. For more information, please visit http://www.kkr.com.



    Contact:

    Ruth Pachman/David Lilly
    Kekst and Company
    (212) 521-4891/4878
SOURCE Kohlberg Kravis Roberts & Co.