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BarCap hires ex-Lehman star from KKR for wealth funds focus

The former global head of sovereign wealth funds at Lehman Brothers has joined Barclays Capital after 18 months at private equity firm Kohlberg Kravis Roberts

Barclays Capital has extended its recruitment push with four senior hires in Europe, the Middle East and Africa, including a former Lehman Brothers rainmaker who most recently ran buyout giant Kohlberg Kravis Roberts' Middle East and North Africa operations.

A source familiar with the hires said Makram Azar, KKR's head of Middle East and North Africa, is joining BarCap to build the bank's contacts with sovereign wealth funds and strengthen its investment banking coverage in the Gulf region.

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