KKRinvestsinAvendusCapitaltobuildanextgeneration

multiassetfinancialservicesplatform
Mumbai November 17, 2015 Leading global investment firm KKR and Avendus Capital
(Avendus or the Company), a preeminent Indian financial services firm providing customized
solutionsintheareasoffinancialadvisoryandwealthmanagement,todayannouncedthesigningof
adefinitiveagreementunderwhichKKRwillinvestinAvendustofundthecompanysforayintothe
credit solutions business and to grow its wealth and alternative asset management solutions
offeringstoitscustomers.

KKRismakingitsinvestmentfromitsAsianFundII.Asapartofthistransaction,KKRispurchasing
shares from a fund managed by Eastgate Capital Group Limited and Americorp Ventures, early
investorsinAvendus.Furtherdetailsofthetransactionwerenotdisclosed.Thetransactionissubject
tocustomaryregulatoryapprovals.

Avendus has a strong focus on midmarket companies and the entrepreneurs leading these
companies. As these companies grow, they need unique business and financing solutions, and
Avendusaimstobetheproviderofchoicefortheseproductsandsolutions.

Avendusexistingmanagementteam,ledbycofoundersRanuVohra,GauravDeepakandKaushal
Aggarwal,willcontinuetomanagetheplatformsdaytodayoperationsanditsgrowthintothenew
businesses.Thethreefoundersbringmorethan50yearsofcombinedfinancialservicesexperience
tothefirm.

Sanjay Nayar, Member of KKR and CEO of KKR India, said, India is witnessing unprecedented
demand for innovative and integrated financial services products as a result of rising
entrepreneurship across sectors. Avendus is a worldclass firm built and run by three visionary
founders which delivers solutions to meet this demand by offering diverse alternative investment
productsandwealthadvisoryservices.

As Ranu, Gaurav, Kaushal and the Avendus team continue to build on this banking franchise by
seekingopportunitiestoelevatethecompanytothenextlevel,KKRsinvestmentwillaidthiseffort
by accelerating the buildout of the Companys highly soughtafter investment banking platform
whichcanbebenchmarkedagainsttheworldsbest,addedMr.Nayar.

RanuVohra,ManagingDirector&CEOatAvendus,said,Havingcreatedaplatformwhichistrusted
byentrepreneursacrossindustries,themantranowforeachofAvendusbusinessesistoscaleup.
We have excellent potential to expand our businesses and to become a comprehensive financial
servicesprovidertoIndiasfirstgenerationbusinesses.KKRscapitalcommitmentandsupportwill
enableustoprovideabroadersetofsynergisticservicesandproductstotheseclients,whichcan
catalyze their growth. We are very excited about what this partnership means for our clients and
colleagues.

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AboutAvendusCapital

AvendusCapitalisaleadingfinancialservicesfirm,whichprovidescustomizedsolutionsintheareas
offinancialadvisoryandwealthmanagement.Thefirmreliesonitsextensivetrackrecord,indepth
domain understanding and knowledge of the economic and regulatory environment, to offer

research based solutions to its clients that include institutional investors, corporates and high net
worth families. In recent years, Avendus Capital has consistently been ranked among the topfive
corporatefinanceadvisorsinIndiaandhasemergedastheadvisorofchoiceforcrossborderM&A
dealsandhasclosed26crossbordertransactionsinthepast5years.HeadquarteredinMumbai,the
firmhasofficesinGurgaonandBangalore.AvendusCapital,Inc(US)andAvendusCapital(UK)Pvt.
Ltd.locatedinNewYorkandLondonrespectivelyarewhollyownedsubsidiariesofferingM&Aand
PrivateEquitysyndicationservicestoclientsintherespectiveregions.
Formoreinformation,pleasevisitwww.avendus.com

AboutKKR
KKR is a leading global investment firm that manages investments across multiple asset classes
including private equity, energy, infrastructure, real estate, credit and hedge funds. KKR aims to
generateattractiveinvestmentreturnsbyfollowingapatientanddisciplinedinvestmentapproach,
employingworldclasspeople,anddrivinggrowthandvaluecreationattheassetlevel.KKRinvests
itsowncapitalalongsideitspartners'capitalandbringsopportunitiestoothersthroughitscapital
marketsbusiness.ReferencestoKKR'sinvestmentsmayincludetheactivitiesofitssponsoredfunds.
For additional information about KKR & Co. L.P. (NYSE:KKR), please visit KKR's website at
http://www.kkr.com/andonTwitter@KKR_Co.

Media:
ForAvendus:
KartikKini,+912266481401
Kartik.kini@avendus.com

AdfactorsPR(forAvendusCapital)
BrijeshKutty,+919920460901
Brijesh.kutty@adfactorspr.com

ForKKR:
KKRAsiaPacific

KKRAmericas
AnitaDavis,+85236027335
KristiHuller,+12127508300
Anita.Davis@kkr.com

Kristi.Huller@kkr.com

Edelman(forKKRIndia)
VaishnaviRamakrishnan,+917506932067
Vaishnavi.ramakrishnan@edelman.com