Former KKR Executive Alexander Navab Aims to Raise $3 Billion for New Buyout Firm

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Former KKR Executive Alexander Navab Aims to Raise $3 Billion for New Buyout Firm
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Former KKR exec Alexander Navab is launching a new buyout firm, which is targeting $3 billion for its first fund

Alexander Navab, a former senior executive at private-equity firm KKR & Co., is launching a buyout firm that will focus on midsize-to-large transactions, seeking to take advantage of an area of the market where he sees less competition.

Mr. Navab, who served until 2017 as the head of KKR’s private-equity business in the Americas, has assembled a group of veteran investors from firms such as Baupost Group LLC, Carlyle Group LP and Warburg Pincus LLC.

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