2/12/2014 – Vozpopuli
US-based fund KKR has announced the appointment of Alejo Vidal-Quadras de Caralt as Director of its new office in Madrid. The branch will focus on the fund’s activity development and support in Spain, as well as on reinforcing the market coverage for the other investment platforms like credit , infrastructure and real estate.
According to KKR, hiring Mr. Vidal-Quadras de Caralt confirms the solid bet the fund placed on Spain, a ‘strategic’ country for its growth in Europe. Over the last year, the company has invested more than €1.92 billion within its borders.
The son of the chairman of VOX will coordinate deals in Spain and Portugal. Prior to joining KKR, the new director worked for nine years in a firm called 3i and sat in six boards of directors. Before that, the expert advised on mergers and acqusitions at Rothschild, Madrid.
As Member and Head of European Infrastructure and Head of Spain Jesus Olmos said, ‘we have been investing in the country since 2010 and we are expanding our team with an aim of providing our partners with long-term capital, as well as with our comprehensive knowledge about global industry. We are convinced that support from Alejo, especially in terms of Spanish market, will be of tremendous help for us’, he added.
The new director feels ‘unspokenly happy’ as he may belong to such a proven company with an impeccable track records.
Original article: Vozpopuli
Translation: AURA REE