KKR taps Wall Street titan to enhance global climate strategy leadership

KKR taps Wall Street titan to enhance global climate strategy leadership
The new hire adds weight to the investment firm's global infrastructure platform.
AUG 22, 2023

Climate-related investments at KKR will now be overseen by a trio of leaders after the firm hired a new co-head of its climate strategy.

Charlie Gailliot joins KKR in New York from Goldman Sachs, where he spent 20 years as a private markets investor and was most recently a partner and head of the energy transition and the diversified industrials investment teams.

His new role teams him with global climate co-head Emmanuel Lagarrigue, who is also based in New York, and Neil Arora, who leads the strategy in Asia from a Singapore base. They joined KKR in 2022, with Lagarrigue formerly an executive committee member at Schneider Electric while Arora was at Macquarie where he was the head of the firm’s Green Investment Group for Asia-Pacific.

KKR has invested billions of dollars in renewable energy and climate solutions since founding its infrastructure platform 15 years ago — and has committed more than $40 billion to sustainability-focused investments, including $30-plus billion to climate and environmental sustainability investments since 2010.

However, Raj Agrawal, partner and head of global infrastructure, says there is much more to do on the journey to net zero.

“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,” he said. “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.”

The firm currently manages more than $54 billion in infrastructure and energy assets and has made over 75 infrastructure investments across a range of sub-sectors and geographies.

Latest News

How AI search aided scam from phony NFL player, fake financial advisor
How AI search aided scam from phony NFL player, fake financial advisor

Daejon Love and Taylor Chan's $1.3 million romance fraud scheme exposes how AI search engines can be manipulated by fabricated online identities

Schwab ordered to pay clients $1.34 million in crypto dispute involving elderly client
Schwab ordered to pay clients $1.34 million in crypto dispute involving elderly client

“It was a third party scam,” said the attorney representing the claimants.

RIA moves: Mercer adds to Atlanta presence with veteran advisor from Northern Trust
RIA moves: Mercer adds to Atlanta presence with veteran advisor from Northern Trust

Meanwhile, &Partners draws another Commonwealth practice, and Wealthcare welcomes a $550 million planning practice in the Northeast.

CogniCor adds wealthtech veterans to board in renewed RIA push
CogniCor adds wealthtech veterans to board in renewed RIA push

Palo Alto AI platform recruits RIA and fintech leaders as industry data show AI adoption reshaping advisor staffing.

Advisor moves: Merrill draws $1.2 billion UBS team in New Mexico
Advisor moves: Merrill draws $1.2 billion UBS team in New Mexico

Meanwhile, Raymond James, Wedbush, and LPL recruited veteran advisors from across Texas, North Carolina, and California.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income