Carlyle Group is about to reveal that it has chosen former Goldman Sachs executive Harvey Schwartz to lead the private equity firm as its new CEO
The top position at Carlyle was offered to Schwartz, a two-decade Goldman veteran who left the Wall Street bank in 2018.
With $369 billion in assets under management, Schwartz will lead one of the largest private equity groups in the world.
His appointment follows a protracted search in which Carlyle looked at internal candidates and got in touch with several well-known financial executives outside the organization.
In his role as CFO, he assisted Goldman in preparing its overall operations for a more stringent regulatory environment.