“Bruce Karpati, a former Securities and Exchange Commission official, is joining the giant private equity firm Kohlberg Kravis Roberts & Company as its chief compliance officer, a person briefed on the matter said on Wednesday.
“Mr. Karpati, who left the S.E.C. last year for Prudential Investments, is expected to start his new job later this month, said the person, who was not authorized to discuss the matter publicly.
“As head of the asset management unit of the enforcement division of the S.E.C., Mr. Karpati sued Philip A. Falcone, the hedge fund manager. He then served as Prudential Investments’s chief compliance officer, a role he held for less than a year.
“At K.K.R., he succeeds H.J. Willcox, who left the firm last year for Clifford Asness’s hedge fund, AQR Capital Management. As a registered investment adviser, K.K.R. interacts regularly with the government.”
Read NY Times article here.