Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today:
Carlyle is integrating its buyout and growth teams to turbocharge its investment strategy. Meet 13 of the top investors leading the $43 billion vision.
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.
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
Diverse banks are strong in municipal bonds, but now these firms are eyeing corporate America. Read more here.
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
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
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 has been working with IT firm Citizant to use DevOps technology to speed up its processes. Here’s how it works.
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
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.
Michael Daffey heads to Galaxy Digital Holdings. Citi promotes Jill Evans and Jolene Han Berg. These are the top people moves across the street.