Suzanne O. Donohoe has been promoted to the new position of global head of strategic growth at KKR & Co., effective Oct. 19, spokeswoman said in an email.
As KKR's first global head of strategic growth, Ms. Donohoe will be tasked with building new businesses and increasing KKR's strategic investor partnerships.
In addition, Eric Mogelof will join KKR on Oct. 19 as a partner and will succeed Ms. Donohoe as global head of KKR's client and partner group, which supports limited partners. Mr. Mogelof is a managing director and head of U.S. global wealth management at Pacific Investment Management Co.
Gregory Hall, managing director and head of private strategies at PIMCO, has replaced Mr. Mogelof as its new head of U.S. global wealth management, according to a PIMCO news release. Mr. Hall will continue to oversee PIMCO’s private strategies business during a transitional period as the firm looks “to fill his role or its equivalent in an appropriate structure,” according to a memo to employees from Emmanuel Roman, PIMCO’s CEO obtained by Pensions & Investments.
“Our alternative credit and PSG (private strategies group) benefits from a strong and experienced group of senior strategists who will continue to work closely with Greg, our portfolio management, and client facing groups to ensure that new product launches progress smoothly and existing products continue to be serviced and managed at our customary high level,” Mr. Roman said.