The Carlyle Group Names Carlyle Veteran Allan Holt Chairman of US Buyout

Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced several senior personnel moves. Carlyle Managing Director and Co-head of the US Buyout team Allan M. Holt has become Chairman of US Buyout and Chairman of the Investment Committee for Carlyle’s US Buyout funds, newly created full-time positions. He is succeeded by Carlyle Managing Director Sandra J. Horbach, formerly Head of the Consumer & Retail team, who joins existing Co-head Peter J. Clare to lead Carlyle’s US Buyout business. Carlyle Managing Director Jay W. Sammons, a senior member of the Consumer & Retail team, succeeds Ms. Horbach. All of these changes are effective immediately.