Michael W. Michelson and Alexander Navab were named co-heads of Kohlberg Kravis Roberts North American private equity business, said spokesman Peter McKillop. Both are new positions, but they continue to be partners.
The two will report to Henry Kravis and George Roberts, partners and co-founders of KKR.
Mr. Michelson oversees the North American health-care industry team, Mr. Navab oversees the North American media and communications industry team, and both are members of KKRs private equity investment committee; they will retain those responsibilities.