The Abraaj Group has named Kito de Boer as a managing partner and head of impact investing.
de Boer is a 30-year veteran of McKinsey who helped found the consulting firm’s India and Middle East practices; more recently he was head of the firm’s public and social sector practice for Europe, the Middle East and Africa. In 2014 former U.S. Secretary of State John Kerry appointed de Boer as Head of
Mission of the Office of the Quartet to help mediate the peace process in the Israeli-Palestinian conflict.
At the $10 billion growth markets private equity firm, de Boer will lead efforts to deploy capital to address the U.N. Sustainable Development Goals.
At Scaling up Impact Investing, a UN Week event on Monday co-hosted by Abraaj, Bank of America Merrill Lynch and the Global Impact Investing Network, de Boer said Abraaj is exploring opportunities in water and urban infrastructure as possible future SDG-aligned themes. In addition to regional and country-specific funds, Abraaj manages the $1 billion Abraaj Growth Markets Health Fund to boost healthcare access in megacities like Lagos, Nairobi and Mumai. The firm is also focused on clean energy.
Correction: Kito de Boer is joining Abraaj as a managing partner. A previous version of this post indicated he was joining as a managing director.
