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Carlyle’s new $43 billion team

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Carlyle is integrating its buyout and growth teams to turbocharge its investment strategy. Meet 13 of the top investors leading the $43 billion vision.

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Marianne Ayala/Insider


The Carlyle Group, a global private-equity firm with $246 billion in assets under management, is taking steps to integrate its buyout and growth strategies in the US.

These are some of the stars of Carlyle’s US buyout and growth team.


4 minority-owned banks reveal how they’re overcoming Wall Street’s ‘woeful’ lack of diversity to play a bigger role in investment banking right now

diversity and inclusion on wall street 2x1

From left to right: Annie Seelaus, Suzanne Shank, Sidney Dillard, and Ron Quigley.

R. Seelaus; Siebert Williams Shank; Loop Capital; Mischler Financial Group; Samantha Lee/Insider


Diverse banks are strong in municipal bonds, but now these firms are eyeing corporate America. Read more here.


 Morgan Stanley execs defend how the bank navigated the Archegos disaster as analysts grill them on a surprise $911 million hit

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Andrew Burton/Getty Images; Samantha Lee/Insider


Morgan Stanley faced a raft of questions on its earnings call about its handling of Archegos. Its CEO, James Gorman, suggested agencies should take a closer look at family offices, and defended risk management. More on that here.


Carlyle just appointed a new co-head of its US buyout and growth team to help spearhead $43 billion for megadeals and early-stage plays

Brian Bernasek _ The Carlyle Group



The Carlyle Group


The firm named Brian Bernasek as its next co-head of US buyout and growth, alongside current co-head Sandra Horbach. More about his new position.


KPMG’s US CEO shares how the ‘Big 4’ firm is thinking about the future of work, returning to the office, and burnout

KPMG Paul Knopp headshot



Courtesy of KPMG


We spoke with Paul Knopp, who described how CEOs are planning for the future of work — including prioritizing ESGs, employee well-being, and corporate purpose. Here’s what else he told us.


The IRS saved 25,000 hours of work by adopting new technology to automate code testing and releases

IRS office



Chip Somodevilla /Staff/Getty Images


The IRS has been working with IT firm Citizant to use DevOps technology to speed up its processes. Here’s how it works.


HSBC is letting US interns pick between in-person and virtual work schedules for its 10-week summer program

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AP Photo/Frank Augstein


As Wall Street firms grapple with whether or not to host interns in person, HSBC has taken a different approach — letting interns choose for themselves. Read the bank’s plans for its summer interns.


Jake Siewert, Goldman Sachs’ head of corporate communications and a key architect behind the firm’s rebrand, is exiting to join Warburg Pincus

Goldman Sachs

FILE PHOTO: A sign is displayed in the reception of Goldman Sachs in Sydney, Australia, May 18, 2016.

REUTERS/David Gray/File Photo


Siewert joined Goldman Sachs in 2012 from the US Treasury and played a key role in its rebrand. Now, he’s headed to private-equity giant Warburg Pincus. Details on his transition.


Must-know promotions, exits, and hires at firms like Goldman Sachs, JPMorgan Chase, and Citi

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Sonali Divilek; Jake Siewert

Goldman Sachs


Michael Daffey heads to Galaxy Digital Holdings. Citi promotes Jill Evans and Jolene Han Berg. These are the top people moves across the street.


Odd lots:

Kristin Lemkau: J.P. Morgan’s Plan to Scale Up Wealth Management (Barron’s)

SPAC Hot Streak Put on Ice by Regulatory Warnings (WSJ)

Inside Goldman’s Active Quant Machine (Institutional Investor)

Top female trader quits Goldman Sachs with cryptic email (eFinancialCareers)

Wall Street Bank CEOs to Testify Before Congress Next Month (Bloomberg)

VC Firm General Catalyst Hires Morgan Stanley’s Paul Kwan (Bloomberg)

Apollo Weighs Florida Outposts as Escape From New York Heats Up (Bloomberg)

Family Offices Targeting 800% Returns With SPAC Economics (Bloomberg)



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