The latest moves and appointments in wealth management in the Americas.

KKR, aka Kohlberg Kravis Roberts has appointed Kate Richdale to lead its institutional capital efforts. She will become head of global client solutions institutional sales and family capital for Asia Pacific.

Richdale will be taking charge of a new initiative that aims to tap growing corporate and family wealth in Asia-Pacific.

The firm is tapping into companies’ and wealthy entrepreneurs’ desire to diversify their holdings.

Richdale, a KKR partner, joined the US firm in 2019 as head of strategy and business development for Asia-Pacific to help expand its platform across business strategies and deepen its key client relationships in the region. More recently, she was KKR’s Asia-Pacific chief operating officer. She previously worked for Goldman Sachs as chairman of investment banking in Asia ex-Japan. Prior to that, she was head of investment banking for Asia Pacific at Morgan Stanley after heading the business in Southeast Asia for several years.

In other news at KKR, this week the firm launched its Global Wealth Investment Council (GWIC), comprising 10 experts from wealth management firms around the world.