Thursday, 26 November 2015
Last updated 14 hours ago
Dec 13 2010 | 3:37am 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…