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Former CIA chief joins KKR investment fund

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(Globalpost/GlobalPost)

Former CIA director David Petraeus, who resigned in November after revealing he had had an extramarital affair, will join the investment fund KKR, the Wall Street Journal said Thursday.

It quoted people close to the situation as saying Petraeus would lead a new institute created by the fund and specializing in economic forecasts, public policy and emerging markets.

KKR, which has specialized in taking over large listed companies, hopes to cash in on Petraeus's contacts and experience to assess potential acquisitions, the paper quoted its sources as saying.

Since leaving the CIA, Petraeus, 60, has said he planned to teach at the University of Southern California and City University of New York.

Petraeus, a hero of the Iraq war and former commander of the allied force in Afghanistan, took over the CIA in 2011. He was one of the most decorated and respected military people of his generation.

He resigned November 9, 2012 after admitting an affair with his biographer Paula Broadwell, 20 years his junior.

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KKR & CO

http://www.globalpost.com/dispatch/news/afp/130530/former-cia-chief-joins-kkr-investment-fund