KKR’s Asia Pacific managing director Terence Lee quits after 10 years

REUTERS/Brendan McDermid

Terence Lee, KKR & Co.’s managing director for Asia Pacific, has resigned from the buyout firm after 10 years, according to people with knowledge of the matter.Lee, who is based in Singapore, led the firm’s technology, media, and telecommunications private equity and growth equity investments in Southeast Asia.

Following his departure, he has also stepped down from the boards of companies where he represented KKR, said one of the people, who asked not to be named as the information is private.Prior to his resignation, Lee sat on the boards of companies including Voyager Innovations Inc. in the Philippines, PropertyGuru Ltd. in Singapore, Gojek in Indonesia, and Weststar Aviation Services Sdn. in Malaysia, according to the company’s website. He also served as a member of the firm’s global impact investment committee.

Lee, a graduate of The Wharton School of the University of Pennsylvania, joined KKR in 2010. He was previously with CVC Capital Partners Asia Pacific in Singapore. He also had a stint in investment banking with Morgan Stanley in the city-state, and equity research and analysis with Lehman Brothers in New York.

A representative from KKR declined to comment. Lee couldn’t immediately be reached via his mobile.

Bloomberg

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.