04/16/2021 | Press release | Distributed by Public on 04/16/2021 05:32
Washington, DC, April 16, 2021 - Global investment firm The Carlyle Group Inc. (NASDAQ: CG) announced leadership changes in Corporate Private Equity within its Global Private Equity segment, effective June 1, 2021. The following changes fully align what was formerly the firm's US Buyout platform with its more expanded approach to investing in six core sectors across US Buyout and Growth strategies:
Leadership across the platform's four additional sectors includes:
'As part of our strategic plan, we are committed to taking a full platform approach to investing across sectors and strategies, which we believe allows us to be more opportunistic and drive better investment performance over the long term,' said Carlyle CEO Kewsong Lee. 'These organizational changes reflect our strategic direction and position Carlyle well for the future.'
The Carlyle Group (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Investment Solutions. With $246 billion of assets under management as of December 31, 2020, Carlyle's purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. The Carlyle Group employs 1,825 people in 29 offices across five continents. Further information is available at www.carlyle.com. Follow The Carlyle Group on Twitter @OneCarlyle.
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