October 15, 2018 / 7:39 PM / 10 months ago

KKR executives pull out of Saudi conference - sources

David Petraeus, Chairman, KKR Global Institute speaks at the Milken Institute 21st Global Conference in Beverly Hills, California, U.S., April 30, 2018. REUTERS/Mike Blake - RC14B85099C0

(Reuters) - Joseph Bae, co-president and co-chief operating officer of private equity firm KKR & Co LP, and David Petraeus, chairman of the KKR Global Institute, have withdrawn from the Future Investment Initiative conference to be held in Saudi Arabia next week, two people familiar with the matter said on Monday. The Global Institute is a research organization owned by KKR that supports its investment committees and portfolio companies.

The two men are just the latest senior U.S. corporate executives to decide to not attend the high-profile conference amid concerns about missing Saudi journalist Jamal Khashoggi, a critic of the kingdom and a U.S. resident.

Reporting by Joshua Franklin in New York and Svea Herbst-Bayliss in Boston; Editing by Leslie Adler

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