Thursday, September 4, 2008

Henry Kravis


SPHERE OF INFLUENCE: The leveraged-buyout pioneer plans again to take K.K.R. public, targeting global infrastructure plays (toll roads and airports) and fixed income. He might want to think about security guards as well: this winter, protesters gathered outside his Upper East Side co-op to show a Web documentary entitled War on Greed: Starring Henry Kravis & His Homes. The film accuses Kravis and K.K.R. of destroying American jobs and exploiting tax loopholes, but in the process shows just how nice Kravis’s homes are.

NEW LITTLE ENEMY: Comedian Lewis Black targeted Kravis, 64, and K.K.R. in another Web video, railing against what he sees as their unfair earnings.

BIGGEST GAFFE: Last May, just before the market meltdown, he told a group of Canadian investment heads, “The private-equity world is in its golden era right now. The stars are aligned.”

No comments: