NEW YORK (AP) — Investment firm Kohlberg Kravis Roberts & Co. is appointing retired Army general and former CIA director David Petraeus as chairman of its newly created KKR Global Institute.

Petraeus served as CIA director from September 2011 until last November, when an extramarital affair with a biographer triggered his resignation. Before becoming CIA director, Petraeus served more than 37 years in the U.S. Army, where he attained the rank of four-star general.

The New York firm says the institute will help it focus on the implications of issues that can affect its global investments. Those include public policy, regulatory and technology trends. KKR says Petraeus will support its investment teams when studying new investments, especially in new locations.

Copyright 2013 The Associated Press.

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