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Sources: KKR’s APAC managing director Terence Lee resigns
“Terence Lee, KKR & Co.’s managing director for Asia Pacific, has resigned from the buyout firm after 10 years,” Bloomberg reported citing sources familiar with the matter.
Details:
- The executive also stepped down from the boards of the companies he represented at KKR, one source added.
- Lee was part of the boards of startups such as Voyager Innovations in the Philippines, PropertyGuru in Singapore, Gojek in Indonesia, and Weststar Aviation Services in Malaysia.
Context:
- Based in Singapore, Lee led KKR’s private equity and growth equity investments in Southeast Asia.
- Prior to the executive stepping down, he served in several positions at CVC Capital Partners Asia Pacific, Morgan Stanley, and Lehman Brothers.
Editing by Collin Furtado and Jaclyn Tiu
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