KKR, a global investment firm, has appointed Todd Builione as global head of private wealth. Going forward, Builione will lead the firm’s strategic priority of building its private wealth distribution platform to expand access to investment strategies for individual investors.

Builione joined the firm as a partner in 2013 and most recently served a president of the firm’s credit and markets where he led the development of the credit business and capital markets franchise. Prior to joining the firm, he served as president of Highbridge Capital Management and CEO of the firm’s hedge fund business.

“I am excited to be a part of our global team focused on making KKR’s investment strategies available to a broader group of investors,” Mr. Builione said. “Alternative investments are an important part of a diversified portfolio and individual investors have historically been under allocated to private markets due to the structural barriers to entry. As we continue to build our private wealth platform we will continue to maintain the same commitment to thoughtful product development and exceptional client service that has been critical to KKR’s success for more than four decades.”

“Todd’s extensive knowledge of KKR’s investment strategies and embodiment of our culture make him the ideal partner to lead our global private wealth effort, ensuring that all of our investors continue to receive the best of what KKR has to offer,” added Eric Mogelof, global head of KKR’s Client & Partner Group.