KKR Capstone Associate
Kohlberg Kravis Roberts
KKR & Co. Inc., together with its subsidiaries, is a leading global investment firm that offers alternative asset management and capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of The Global Atlantic Financial Group.
What is KKR Capstone?
KKR Capstone is KKR’s Private Equity operations group and a unique “CEO University” for its alumni. KKR Capstone’s mission is to deliver exceptional returns on KKR’s investments by partnering with management teams to drive value in KKR portfolio companies, as well as integrating within deal teams to select the right assets. At portfolio companies, KKR Capstone drives the most important operational issues on the CEO and Board of Directors’ agendas, including top-line growth, cost optimization, organizational structure and capability, capital investment, and strategic M&A initiatives. During due diligence, KKR Capstone joins deal teams in evaluating potential acquisitions, including weighing in on crucial operational issues and value creation levers, assessing the target company’s market, and understanding the strength of the company’s position in the industry.
On a day-to-day basis, KKR Capstone executives interact with a broad range of company personnel including the Board, C-suite and line-level operators. The majority of KKR Capstone team members have previous experience in management consulting. While the executives heavily leverage the skills and experience gained in consulting, they spend the bulk of their time identifying, rapidly prototyping, and executing operational improvement initiatives (i.e. less time spent on PowerPoint and more time dealing with general management challenges).
KKR Capstone provides a unique opportunity for high-performing candidates to drive real operating change and value generation in a private equity environment, gaining valuable experience as general managers. KKR Capstone executives are expected to take ownership of key priorities and initiatives at the portfolio company, are held accountable for individual results, and are typically the primary agents of change within the organization. Team members can rise within KKR Capstone, transition into opportunities within the broader KKR firm, or take senior operating roles inside or outside the KKR portfolio. Due to the hands-on operating experience KKR Capstone executives gain, ~70% of alums who have left the team in the past decade are now C-suite execs, and more than 1/3 are CEOs.
You can learn more about KKR Capstone, our approach, and our team here.
What are we looking for?
- At least 2 years of experience at a top-tier consulting firm with a demonstrated track record as a top performer
- Embodiment of KKR’s core values: unquestioned integrity, a strong work ethic, and a commitment to teamwork and excellence
- Genuine enthusiasm and curiosity for Private Equity and Alternative Assets investing
- Availability to start in the Summer/Fall of 2024 in our Menlo Park or New York offices
The expected annual base salary range for this Menlo Park or New York-based position is $170,000-175,000. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.