Notable Current and Former Employees
Over the years, KKR has seen the departure of many of its original partners, the most notable being the most senior of its three co-founders, Jerome Kohlberg. After a leave of absence due to an illness in 1985, Kohlberg returned to find increasing differences in strategy with his partners Kravis and Roberts. In 1987, Kohlberg left KKR to found a new private equity firm Kohlberg & Company. Kohlberg & Company returned to the investment style that Kohlberg had originally practiced at Bear Stearns and in KKR's earlier years, acquiring smaller, middle-market companies.
As of 1996, general partners of KKR included Henry Kravis, George R. Roberts, Paul Raether, Robert MacDonnell, Jose Gandarillas, Michael Michelson, Saul Fox, James Greene, Michael Tokarz, Clifton Robbins, Scott Stuart, Perry Golkin and Edward Gilhuly. Among those who left were Saul Fox, Ted Ammon, Ned Gilhuly, Mike Tokarz and Scott Stuart who were instrumental in establishing KKR's reputation and track record in the 1980s. KKR remains tightly controlled by Kravis and Roberts. The issue of succession has remained an important consideration for KKR's future as an ongoing institutionalized firm.
- Saul A. Fox left KKR in 1997 to found Fox Paine & Company, a middle market private equity firm with over $1.5 billion of capital under management
- Clifton S. Robbins left KKR to join competitor General Atlantic Partners in 2000 and later founded Blue Harbour Group, a private investment firm based in Greenwich, CT.
- Edward A. (Ned) Gilhuly and Scott Stuart left KKR in 2004 to launch Sageview Capital. Prior to this, Gilhuly was the managing partner of KKR's European operations, based in London and Stuart managed KKR's energy and consumer products industry groups.
- Ted Ammon, started several new ventures including Big Flower Press, which printed newspaper circulars, and Chancery Lane Capital, a boutique private equity firm, before being murdered in October 2001.
- Paul Hazen, served as chairman and CEO of Wells Fargo (1995–2001). Hazen would later return to KKR serving as chairman of Accel-KKR, a joint venture with Accel Partners and later as chairman of KKR's publicly listed affiliate, KKR Financial (KFN).
- Clive Hollick, Baron Hollick, CEO of United News and Media (1996–2005)
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