KKR Opens Milan Office to Expand Italian Operations
The U.S. private equity firm KKR & Co announced the opening of a new Milan office to manage its growing Italian portfolio across private equity, credit, and insurance. This expansion follows major investments in Telecom Italia and Eni biofuel unit Enilive.
KKR & CO INC will open a new office in Milan to expand its investment operations across Italy. The move follows €22.6B in recent Italian dealmaking within the telecommunications and energy sectors. This physical expansion signals a long-term commitment to deploying capital in the Eurozone's third-largest economy.
### Diversifying Beyond Infrastructure The Milan hub will manage a broad spectrum of activities including private equity, real assets, credit, and insurance. KKR also plans to use the local base to grow its private wealth business in the region.
