Former SEC official Bruce Karpati will be joining private equity firm Kohlberg Kravis Roberts & Co. as global chief compliance officer later this month, according to recent reports in the Wall Street Journal and the New York Times.  For insight from Karpati, see “SEC Asset Management Unit Chief Bruce Karpati Addresses Private Equity Enforcement Trends, Initiatives and Priorities,” Hedge Fund Law Report, Vol. 6, No. 6 (Feb. 7, 2013); “Sixth Annual Hedge Fund General Counsel Summit Highlights SEC Enforcement Priorities, Side Letters, Investment Allocations, Expense Allocations, Trade Errors, Record Retention, Fund Marketing, Secondaries, JOBS Act and STOCK Act (Part Two of Two),” Hedge Fund Law Report, Vol. 5, No. 40 (Oct. 18, 2012); and “Enforcement Session at SEC’s Compliance Outreach Program National Seminar Highlights Regulatory Focus on Valuation, Conflicts of Interest and Compliance Shortcomings at Hedge Fund Managers,” Hedge Fund Law Report, Vol. 5, No. 7 (Feb. 16, 2012).