Kohlberg Kravis Roberts & Company, founded in 1976, is a private equity firm that specializes in management buyouts. The company s institutional investors include state and corporate pension funds, banks, insurance companies, other financial institutions and university endowments. With a location in Menlo Park, Calif., Kohlberg Kravis Roberts & Company has completed more than 150 financial transactions since its inception. It is a global firm with offices located in New York, California, London, Paris, Hong Kong and Tokyo. It operates through several investment professionals who work with the client s management to develop operating budgets that support research and development, capital spending and acquisitions.