Carlyle CFO Out

Dec 13 2010 | 4:37am ET

The Carlyle Group may well move forward with an initial public offering in 2012, but it will do so without the executive brought on to spearhead it.

Peter Nachtwey, the private equity giant’s chief financial officer, is leaving the firm “to pursue a great new opportunity for him, which we understand will be announced soon,” Carlyle spokesman Christopher Ullman said.

Glenn Youngkin will take over as interim CFO.

Nachtwey joined Carlyle in 2007 from Deloitte & Touche as the firm first mulled going public. The $100 billion firm has considered—and shelved—plans for an IPO since the summer of that year, when the Blackstone Group first listed. Nachtwey worked on the Blackstone deal at Deloitte.


In Depth

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...

 

From the current issue of