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From Sept. 2008 when he joined KKR:

Makram Azar, an 18-year veteran of the bank who was appointed global head of sovereign wealth funds several months ago, is joining Kohlberg Kravis Roberts as a managing director in charge of operations in the Middle East and North Africa (MENA).

At KKR, Azar will distribute the private equity firm's products in the MENA region and source MENA infrastructure and private equity transactions. He will also open an office for KKR in the region and seek co-investment ventures with MENA institutions.

I don't blame him... he came from Lehman IBD and went into an admin role... I'm sure he misses deal making...

 

Not everyone is running after pure prestige. I guess the guy is financially comfortable and wants something a little more challenging. Also, it's not like Barcap is a second tier institution.

 

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