KKR, an alternative asset and private equity investor, has brought on board Charlie Gailliot as Co-Head for the firm’s global climate strategy.
This appointment completes KKR’s climate-centric leadership team, which has recently welcomed Emmanuel Lagarrigue and Neil Arora as Co-Heads.
Founded as a private equity firm, KKR has since broadened its horizons, now holding a prominent position in the realm of alternative assets and private equity investment. Their strategic approach, combined with a keen interest in environmental and climate change initiatives, has seen them make significant strides in the sector.
Charlie Gailliot, with an impressive stint of over 20 years at Goldman Sachs, has now become a crucial part of KKR’s climate strategy leadership. Alongside him, Emmanuel Lagarrigue, based in New York, previously played a pivotal role as a founding partner at General Atlantic’s decarbonization-centric fund, BeyondNetZero. Neil Arora, heading the strategy in Asia, has previously been the head of Macquarie’s Green Investment Group for the Asia-Pacific region.
During his tenure at Goldman Sachs, Gailliot showcased his prowess as a private investor in the firm’s merchant banking division. His most recent roles included leading the Energy Transition and Diversified Industrials investment teams.
KKR emphasises its commitment to climate-focused investment with the formation of this new leadership team. The firm’s investment in climate and environmental sustainability initiatives has surpassed $30bn since 2010. They’ve been consistent in their energy transition moves, launching platforms like Virescent Infrastructure in India, Aster Renewable Energy in Asia, and Stellar Renewable Power focusing on solar energy investments.
KKR Partner, Head of Global Infrastructure Raj Agrawal said, “Since the launch of the KKR infrastructure platform 15 years ago, we have invested billions into renewable energy and climate solutions. However, transitioning to a low-carbon economy at the pace and scale needed requires trillions of dollars in investment, and we are still seeing a significant gap in climate funding.
“By forming a dedicated climate leadership team – leveraging Charlie, Emmanuel and Neil’s decades of expertise – we can sharpen our focus on the deployment and scaling of net-zero solutions and accelerate the transition of higher-emitting assets.”
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