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The Carlyle Group Hires Former FCC Chairman to Head U.S. Buyout Team

The Carlyle Group, a global investment fund with over $185 billion under management (NASDAQ: CG), named Julius Genachowski a Managing Director and partner in the U.S. Buyout team.

Genachowski, who served as FCC Chairman from 2009 till last year, is expected to focus on investments in global technology, media and telecom, including Internet and mobile. He will be based in Washington, DC.

Carlyle said its U.S. Buyout team recently completed the final close of Carlyle Partners VI, a $13 billion fund that invests in U.S. corporate buyouts and strategic minority investments across six industries. Two hundred sixty-nine investors from 43 countries committed capital to the fund.

http://www.carlyle.com/news-room/news-release-archive/carlyle-group-names-julius-genachowski-managing-director-us-buyout

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