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Carlyle hires ex-Goldman exec as CEO

Carlyle Group has completed its search for a successor to chief executive officer Kewson Lee, who abruptly resigned from the private investment firm back in August last year, with the appointment of former Goldman Sachs executive Harvey Schwartz to the role, according to a report by the Financial Times.

Carlyle Group has completed its search for a successor to chief executive officer Kewson Lee, who abruptly resigned from the private investment firm back in August last year, with the appointment of former Goldman Sachs executive Harvey Schwartz to the role, according to a report by the Financial Times.

The report cites unnamed sources as confirming that Schwartz, who spent two decades at Goldman before quitting the Wall Street bank in 2018, has accepted an offer to succeed Lee with his appointment being confirmed at meeting of Carlyle’s board over the weekend.

Schwartz, who left Goldman five years ago after losing out to David Solomon in a contest to take over from Lloyd Blankfein as CEO, will now head up one of the the world’s largest private equity groups with $369 billion in assets under management.

Before leaving Goldman, he held several top roles at the bank, including chief financial officer, co-head of the securities division, and co-president and chief operating officer alongside Solomon.

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