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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.

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