The Carlyle Group Names Carlyle Veteran Holt Chairman of U.S. Buyout Team

Jul 28 2016 | 12:05pm ET

Global alternative asset manager The Carlyle Group announced several senior personnel moves.

Carlyle managing director and co-head of its US Buyout team Allan M. Holt has become chairman of US Buyout and chairman of the investment committee for Carlyle’s US Buyout funds, which are both newly created full-time positions, according to the company.

He is succeeded by Carlyle Managing Director Sandra J. Horbach, formerly head of the consumer and retail team, who joins existing Co-head Peter J. Clare to lead Carlyle’s US Buyout business. Carlyle Managing Director Jay W. Sammons, a senior member of the consumer and retail team, succeeds Horbach.

All of these changes are effective immediately.

Carlyle Co-CEO and Chief Investment Officer William E. Conway Jr. said in a statement, “Carlyle’s greatest strength is the incredible breadth and depth of our global team. For 24 years, Allan Holt has played an enormous role in the success of our flagship buyout operation.”

Holt joined Carlyle in 1992 and has been head of US Buyout for 14 years. Prior to joining Carlyle he spent three and a half years with Avenir Group Inc., an investment and advisory group.

Horbach joined Carlyle in 2005 to launch the consumer and retail team and has been actively involved in all of Carlyle's US consumer investments, including Acosta Sales & Marketing.

Since joining Carlyle in 2006, Sammons has helped lead Carlyle's investments in Beats Electronics, philosophy and Vogue International. 

The Carlyle Group is a global alternative asset manager with $176 billion of assets under management across 127 funds and 164 fund of funds vehicles as of June 30, 2016. The Carlyle Group employs more than 1,650 people in 35 offices across six continents.

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