Carlyle Hires Schryber For Global Business Development Role

Mar 13 2017 | 11:57pm ET

Global alternative asset manager Carlyle Group has named former First Avenue Partners executive Ben Schryber as a managing director in the firm’s New York office.

In his new role, Schryber will lead credit sales and business development efforts globally, the company said in a statement. He will report to Mark Jenkins, head of global credit and Mike Arpey, head of investor relations. 

Schryber was most recently global head of credit at placement agent First Avenue Partners, where he spent the past four years leading origination and distribution of all credit funds. Beforehand, he led private credit fund due diligence at Albourne Partners, and before that worked in management consulting, most recently at Blue Ridge Partners, where he was focused on company-level due diligence for private equity clients.

Carlyle’s global credit platform resides within the Global Market Strategies segment, which had $34 billion in assets under management as of September 30, 2016, and has investment professionals in New York, Washington, DC, Los Angeles, Chicago, Hong Kong and London.

Carlyle manages $158 billion across 281 investment vehicles as of December 31, 2016, primarily deployed across private equity holdings, credit assets, real estate and hedge funds. The firm was founded in 1987 by David Rubenstein, Bill Conway and Dan D’Aniello.

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