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Chris Witkowsky

KKR’s four leaders, co-CEOs Henry Kravis, George Roberts and co-presidents Scott Nuttall and Joseph Bae, will forego salary and bonuses for 2020 as part of the firm's pandemic relief efforts.
LPs have reported frequent and broad communication from GPs, who are keeping fund investors updated on the status of portfolio companies, vulnerable spots and actions GPs are taking to defend investments.
Happily, most private equity firms today are equipped to tackle meetings with portfolio companies, bankers and limited partners virtually.
The strategy is a reaction to the 2017 tax reform, which included provisions that charge an ordinary income tax rate on carry generated from investments held under that period.
The bill goes after carry and interest deductibility and would make firms liable for employee pensions.
Navab had left KKR in 2017 and was set to launch a $3bn debut fund for Navab Capital.

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