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Critics say KKR’s ‘responsible investment’ stance is clouded by tear-gas maker

‘KKR can’t have it both ways,’ says Mayra Rodriguez Valladares of MRV Associates

Critics say KKR’s ‘responsible investment’ stance is clouded by tear-gas maker
Photo: Getty Images

Executives from KKR & Co have raised more than $1bn in 2019 for their “impact fund“ as the alternative investment firm has made respect for human rights one of the tenets of its private equity business.

Yet some analysts say at least one holding that KKR manages is at odds with its declaration that it is taking greater account of investments that pose environmental, social and governance risks, or ESG.

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