Sanghyun Lee joins Carlyle from Affinity Equity to head its Korean investment business.
Carlyle raises its third Asia fund, adding $2.55 billion of capital to its war chest for private equity investments in the region.
The Carlyle group announces its second renminbi fund, in partnership with Fosun, with an initial capital of $100 million.
In the first agreement of its type for Carlyle, the US private equity firm will raise RMB-denominated capital to buy Chinese assets.
The Carlyle Asia Growth Partners IV fund will invest in high-growth companies in the region, particularly China and India.
Seven bankers, including Eric Mason, are laid off by the private equity firm as its leveraged finance practice becomes the latest casualty of the poor credit markets.
The US private equity firm appoints ANZ's David Balint as director of leveraged finance, in a move that underscores its commitment to investing in this market in Asia-Pacific.
The US private equity firm appoints Citi veteran Sunil Kaul to cover financial services in Asia, adding to its team of professionals with an industry focus.
Citi's head of M&A in India, Devinjit Singh, quits after nearly 20 years with the bank to join Carlyle's buyout practice.
Eric Mason, the man behind Carlyle's leveraged finance activities in the region, says the subprime crisis is having a limited impact on the firm's plans.
Carlyle closes third Asia fund corroborating that investors are still bullish on potential for private equity in Asia.
He leaves Warburg Pincus to head up Carlyle''s venture capital business.
The Carlyle Group adds two new partners to its Asian private equity fund, Carlyle Asia Partners.