Thursday, May 30, 2013

“The General” Petraeus Reboots With Private-Equity Giant




From WSJ: David Petraeus, the former U.S. Army general who resigned last year as Central Intelligence Agency chief over his running affair with a biographer/fan, is rebooting his career with KKR & Co., the giant private-equity firm. KKR, known for large debt-fueled corporate takeovers, hopes Mr. Petraeus’s experience and Rolodex will help the firm seek and size up deals, said people familiar with the move. The former general will be chairman of a new internal “institute” focused on macroeconomic forecasts, communications, public policy and advice on investments in emerging markets, they said. …

Ken Mehlman, a former Republican National Committee chairman who now serves as KKR’s global head of public affairs, said Mr. Petraeus is “someone who has served in an incredibly effective and in some ways heroic way…."  Folks at KKR had better learn to give a sharp salute and keep their boots polished to a spit shine.  Petraeus likes things done his way...or no way...  


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