Firm Now Has 25 Operating Executives Working to Create Value
NEW YORK--(BUSINESS WIRE)--
Global alternative asset manager The
Carlyle Group (NASDAQ: CG) today announced that Peter Malone, former
founding partner of CSP Associates, has joined the firm as an Operating
Executive in the Global Aerospace, Defense & Government Services group.
As an Operating Executive, Mr. Malone will provide strategic guidance to
Carlyle professionals throughout the investment process, from sourcing
new acquisitions through exit and will advise portfolio company
executives on management, operational, programmatic and growth
strategies. He joins a group of 25 senior business executives — with an
average of 40 years of experience — who help Carlyle create value across
a range of industries.
Adam Palmer, Carlyle Managing Director and Head of the Global Aerospace,
Defense & Government Services group, said, "We are pleased to welcome
Peter to the Carlyle team following a remarkable career at CSP
Associates, during which he advised Carlyle on a number of our aerospace
and defense transactions over the last twenty years. We believe Peter's
depth and scope of strategic and business experience in the aerospace
and defense arena will help us to create value in our existing portfolio
and to make new promising investments."
Mr. Malone said, "I am excited to become part of a firm that is
committed to this sector and creating value. Adam and his team have a
track record of success and I am eager to contribute to their efforts."
The Aerospace, Defense & Government Services group has led Carlyle's
acquisition of numerous companies, including among others: United
Defense, Avio, SpA, Vought Aircraft, ARINC, Booz Allen, and Wesco.
Mr. Malone joined CSP Associates in 1985. He also serves on the Boards
of ILC Industries, Inc. and Oceus Networks, Inc.
Mr. Malone earned degrees from the University of Massachusetts Amherst
(B.A.), Tufts Fletcher School (M.A., Ph.D.) and Harvard Law School (J.D.)
About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global alternative asset manager
with $180 billion of assets under management across 118 funds and 81
fund of funds vehicles as of June 30, 2013. Carlyle's purpose is to
invest wisely and create value on behalf of its investors, many of whom
are public pensions. Carlyle invests across four segments — Corporate
Private Equity, Real Assets, Global Market Strategies and Global
Solutions — in Africa, Asia, Australia, Europe, the Middle East, North
America and South America. Carlyle has expertise in various industries,
including: aerospace, defense & government services, consumer & retail,
energy, financial services, healthcare, industrial, technology &
business services, telecommunications & media and transportation. The
Carlyle Group employs more than 1,400 people in 34 offices across six
continents.
Web: www.carlyle.com
Videos:
www.youtube.com/onecarlyle
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www.twitter.com/onecarlyle
Podcasts:
www.carlyle.com/about-carlyle/market-commentary/481
The Carlyle Group
Elizabeth Gill, +1-202-729-5385
Elizabeth.gill@carlyle.com
Source: The Carlyle Group
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