KPS CAPITAL PARTNERS ANNOUNCES PROMOTION
RAHUL SEVANI ELEVATED TO PARTNER
New York, NY (December 12, 2022) -- KPS Capital Partners, LP (“KPS”) announced today that Rahul Sevani has been promoted to Partner.
KPS Co-Founders and Managing Partners Michael Psaros and David Shapiro, together with Managing Partner Raquel Vargas Palmer, said in a joint statement, “We congratulate Rahul on this milestone achievement. Rahul’s contributions to KPS over the past decade are truly extraordinary. Rahul is a leader and an exemplar of KPS’ values and culture. We look forward to working with our new Partner to continue to create value for our investors by seeing value where others do not, buying right and making businesses better. We are proud of the complete continuity of our partnership and senior leadership team since the creation of our firm over 25 years ago, as well as our remarkable growth globally.”
About KPS Capital Partners
KPS, through its affiliated management entities, is the manager of the KPS Special Situations Funds, a family of investment funds with approximately $19.7 billion of assets under management (as of December 31, 2024). For over three decades, the Partners of KPS have worked exclusively to realize significant capital appreciation by making controlling equity investments in manufacturing and industrial companies across a diverse array of industries, including basic materials, branded consumer, healthcare and luxury products, automotive parts, capital equipment and general manufacturing. KPS creates value for its investors by working constructively with talented management teams to make businesses better, and generates investment returns by structurally improving the strategic position, competitiveness and profitability of its portfolio companies, rather than primarily relying on financial leverage. The KPS Funds’ portfolio companies currently generate aggregate annual revenues of approximately $22.2 billion, operate 222 manufacturing facilities in 30 countries, and have approximately 58,000 employees, directly and through joint ventures worldwide (as of December 31, 2024, pro forma for recent acquisitions). The KPS investment strategy and portfolio companies are described in detail at www.kpsfund.com.