Wholesale, Professional Investors and Advisers only

The information, products and services described in this website are intended solely for persons in Australia who are wholesale clients within the meaning of section 761G of the Corporations Act 2001 (Cth), and is not directed at persons located in the United States and its territories and is not intended to be available to U.S. persons as defined under Regulation S of the U.S. Securities Act of 1933, as amended.

By clicking Confirm below, you confirm that:

Confirm

About KKR and the team

Invest Alongside an Established Private Credit Firm

SCALED PLATFORM

US$120B

in private credit assets under management

DEEP CAPABILITIES

110+

dedicated private credit investment professionals

GLOBAL REACH

36

cities with KKR offices

All data as of 30 September 2025. Figures represent AUM across all KKR private credit strategies.

KIT Leadership Team

Daniel Pietrzak

Partner, Head of Private Credit

Daniel Pietrzak (New York) joined KKR in 2016 and is a Partner and serves as the Global Head of Private Credit and a portfolio manager for KKR’s private credit funds and portfolios. Mr. Pietrzak is Chief Investment Officer of the KKR / FS Investments joint venture and Co-President and Chief Investment Officer for FS KKR Capital Corp. (FSK), which trades on the NYSE. He also serves of the board of directors of FSK and several KKR Credit portfolio companies, including Oodle Car Finance, Pepper and Toorak Capital Partners. Prior to joining KKR, Mr. Pietrzak was a managing director and the co-head of Deutsche Bank’s structured finance business across the Americas and Europe. Previously, Mr. Pietrzak held various roles in the credit businesses of Societe Generale and CIBC World Markets. Mr. Pietrzak started his career at Price Waterhouse in New York. Mr. Pietrzak holds an M.B.A. in Finance from The Wharton School of the University of Pennsylvania and a B.S. in Accounting from Lehigh University. Mr. Pietrzak serves on the Dean’s Advisory Council for the Lehigh University College of Business, is a member of the Advisory Board of the Scholars of Finance and serves on the Board of Directors of First Tee – Metropolitan New York.

Michael Small

Partner

Michael Small (London) joined KKR in 2021 as a Partner in the firm’s Credit & Markets business. Mr. Small is responsible for European private corporate credit and is a portfolio manager for the firm's global junior debt and European direct lending strategies. He is a member of the Global Private Credit Investment Committee, European Direct Lending Investment Committee, Asia Credit Investment Committee and KKR Credit Portfolio Management Committee. Prior to joining KKR, Mr. Small was a partner at Park Square Capital where he served on the investment committee and executive committee from the firm’s inception in 2004, helped establish the credit opportunities and direct lending businesses, and latterly led the junior debt funds. Previously, Mr. Small held various roles in the principal finance groups of Dresdner and Babcock & Brown, sourcing and executing private corporate credit, asset backed and structured equity investments. Mr. Small holds a BA and an MA from Cambridge University.

Varun Khanna

Partner

Varun Khanna (London) joined KKR in 2016 and is a Partner in the firm's Private Credit business. Mr. Khanna co-heads the firm's global Asset Based Finance investment strategy and is a portfolio manager for KKR's asset based finance funds. Mr. Khanna is a member of the Global Asset Based Finance Investment Committee and the European Direct Lending Investment Committee. He also serves on Boards of Directors of several KKR portfolio companies, including Activate Capital, Pepper, Kilter Finance and Oodle. Prior to joining KKR, Mr. Khanna was a managing director at Deutsche Bank in the structured finance division. Mr. Khanna started his career at Deutsche Bank as an equity research analyst covering technology companies. Mr. Khanna holds a B.A., M.A. in Economics from the University of Cambridge and a B.A. in Economics from St. Stephen's College, University of Delhi.

Ian Anderson

Managing Director

Ian Anderson (London) joined KKR in 2014 and is a Managing Director in the Credit business. He serves as a portfolio manager for the firm’s private credit funds and portfolios and as a member of the European Private Credit Investment Committee. Prior to joining KKR, Mr. Anderson was a vice president at Lazard in the corporate finance department, advising a diverse range of European and global corporate clients on M&A transactions and restructurings. Previously, Mr. Anderson worked at Key Capital, an Irish boutique capital markets and asset management firm. Mr. Anderson holds a first class degree in Engineering from Dublin University, Trinity College and is a CFA Charterholder.

Ryan Wilson

Managing Director

Ryan L.G. Wilson (San Francisco) joined KKR Credit in 2006 and is a Managing Director of KKR, Chief Operating Officer of KKR Private Credit, and Co-Chief Operating Officer of FS KKR Capital Corp. Mr. Wilson served as Corporate Capital Trust’s Chief Operating Officer prior to its merger with FS KKR Capital Corp. and has held various senior roles across KKR’s Credit business. Prior to joining the firm, Mr. Wilson was with PricewaterhouseCoopers, serving a variety of clients across industries. Mr. Wilson holds a B.A. in Economics, with honors, from Wilfrid Laurier University and a Master's in Accounting from the University of Waterloo. He also is a CFA Charterholder, Chartered Professional Accountant and a Chartered Accountant.

KKR Private Credit Investment Committee Members participate in other KKR investment teams and are not dedicated solely to the Underlying Fund.

Connecting the Dots – A One-Firm Approach

GLOBAL MACRO AND ASSET ALLOCATION

Team of 50+ executives globally assess macro influences at the company, sector and market levels and provide portfolio construction and asset allocation advice

KKR CAPSTONE

Team of 80+ operating executives globally. Work with portfolio company senior managers to help identify and implement operational improvements

PUBLIC AFFAIRS

~20 executives globally helping with stakeholder management, ESG, regulatory and public policy

KKR credit, real estate and infrastructure teams

Industry, asset class and market insight; global relationship network

KKR GLOBAL INSTITUTE

Provide insight on geopolitical risk to KKR’s investment teams and portfolio companies

KKR ADVISORS

Network of senior executives who have held senior executive roles in major global corporations

KKR CAPITAL MARKETS

Full-service capital markets business supporting deal teams in solving capital markets needs of our portfolio companies

As of 30 June 2025. KKR Capstone is an affiliate of KKR. There is no guarantee that KKR will employ the same techniques with any future investment strategy. Note: Participation of KKR Private Equity, KKR Capital Markets, and KKR Capstone personnel in the public markets investment process is subject to applicable law and inside information barrier policies and procedures, which may limit the involvement of such personnel in certain circumstances and KKR’s ability to leverage such integration with KKR. Discussions with Senior Advisors and employees of the Firm’s managed portfolio companies are also subject to the inside information barrier policies and procedures, which may restrict or limit discussions and/or collaborations with KKR. References to “Senior Advisors” and “Industry Advisors” are to individuals who are engaged, as consultants, to assist KKR with sourcing or developing investment ideas and a variety of other matters. These individuals are not employees of KKR. The portion of the compensation paid to Senior Advisors and Industry Advisers that is related to fund activities, such as sourcing investments or monitoring portfolio companies, may be borne by the relevant funds. References to “KKR Advisors” are to individuals who were formerly employees of KKR and are engaged as consultants for KKR. None of the compensation of KKR Advisors is borne by the funds. References to “KKR Capstone” or “Capstone” are to all or any of KKR Capstone Americas LLC, KKR Capstone EMEA LLP, KKR Capstone EMEA (International) LLP, KKR Capstone Asia Limited and their Capstone-branded subsidiaries, which employ operating professionals dedicated to supporting KKR deal teams and portfolio companies. KKR acquired KKR Capstone effective January 1, 2020. References to operating executives, operating experts, or operating consultants are to such employees of KKR Capstone.

Learn More About Private Credit

Discover the latest insights from KKR’s Private Credit and Global Macro & Asset Allocation teams.

LEARN MORE
Open_in_new