KKR Capstone announced the appointment of Matthew Chang as Managing
Director in China. Mr. Chang joins KKR Capstone from Roland Berger
Strategy Consultants in Shanghai, where he was Global Senior Partner
leading the firm’s Asian Operations and Restructuring practices. Mr.
Chang will leverage his extensive operational and management experience
to lead KKR Capstone’s engagement with KKR’s portfolio companies in
China.
KKR
Capstone is an operational team of highly experienced industry
executives and functional specialists. The team works in
partnership with KKR's private equity investment professionals and
portfolio company management teams to help maximize businesses’
potential and create sustainable improvements to generate growth,
increase efficiency, and enhance capital allocations. KKR Capstone
additionally leads the implementation of KKR's
Global Green Portfolio Program and other sustainability initiatives
such as responsible sourcing which helps portfolio companies manage
their environmental impact while also improving their businesses.
“We are thrilled to add a professional of Matthew’s caliber to our team.
His broad range of experience and proven track record of enhancing
business performance in China was a rare combination to find. Matthew’s
entrepreneurial underpinning gives him great appreciation for the
challenges faced by the entrepreneurs we often partner with in China,
while his corporate and consulting experience arms him with an extensive
toolkit for helping improve operations across a diverse range of sectors
and industries,” said Scott
Bookmyer, Member of KKR Capstone and Head of KKR Capstone Asia.
“Capstone plays an integral role in the operational improvement of
portfolio companies, helping them to reach their full potential.
Matthew’s experience and track record of helping companies maximize
their performance strengthens KKR’s ability to add value to portfolio
partners and position them for long-term success,” said David
Liu, Member of KKR and CEO of KKR Greater China.
Prior to joining KKR Capstone, Chang was the practice leader of Roland
Berger Strategy Consulting’s (“RBSC”) operational restructuring and
operations team, and he was the leader for the firm’s Asia Pacific
healthcare practice in Greater China. During his three years at RBSC,
Mr. Chang served as lead Partner for five domestic and international
private equity accounts, covering due diligence, post-deal improvement
work, and deal screenings, primarily in the healthcare and consumer
goods industries. He also delivered year-long restructuring and
operations improvement plans to companies with a focus on sales and
marketing turnarounds.
Mr. Chang has held senior management positions at AlixPartners, where he
was China Managing Director, Diageo, where he was Asia Strategy
Director, and McKinsey & Company. Additionally, he has 8 years of
start-up experience across entrepreneurial ventures in international
trading and internet ventures. He holds a bachelor’s degree in
mathematics and physics from the State University of New York and an MBA
from the International Institute for Management Development in Lausanne.
“It is a great opportunity to join such a world-class operational team
that has successfully implemented strategic and innovative improvements
for companies worldwide. It’s an exciting time for businesses in China,
and I'm looking forward to working alongside the highly experienced KKR
investment team with the KKR Capstone team to help companies capture the
growing opportunities in China and beyond,” said Mr. Chang.
Mr. Chang’s appointment strengthens KKR Capstone Asia Pacific’s growing
team, which has made recent senior appointments in India, with the
joining of Akhil Puri in August 2012 as Director, and Japan, with Sakae
Suzuki joining as a Director in March 2013. Currently, KKR Capstone has
over 50 professionals globally and 18 across Asia Pacific.
About KKR
KKR is a leading global investment firm that manages investments across
multiple asset classes including private equity, energy, infrastructure,
real estate, credit and hedge funds. KKR aims to generate attractive
investment returns by following a patient and disciplined investment
approach, employing world-class people, and driving growth and value
creation at the asset level. KKR invests its own capital alongside its
partners' capital and brings opportunities to others through its capital
markets business. References to KKR’s investments may include the
activities of its sponsored funds. For additional information about KKR
& Co. L.P. (NYSE: KKR), please visit KKR's website at www.kkr.com.
Copyright Business Wire 2014