London — Promotion for Philipp Freise (photo) — the KKR partner will become the new co-head of KKR’s European private equity business with immediate effect. In the future, he will lead the company together with the Italian Mattia Caprioli. Both will jointly assume responsibility for day-to-day operations. They report to Johannes Huth, who heads KKR’s activities in Europe. Philipp Freise had recently made a name for himself with deals on the German media market.
With this move, KKR is restructuring its private equity leadership. The positions Freise and Caprioli will assume in addition to their existing duties were previously headed by Johannes Huth.