The Carlyle Group Names Jacques Chappuis to Lead Solutions Business
February 25 2013 - 12:10PM
Business Wire
Global alternative asset manager The Carlyle Group (NASDAQ:CG),
today announced that Jacques Chappuis will join the firm as
Managing Director and Head of the Solutions business segment, where
he will lead the growth and development of the business. Mr.
Chappuis comes to Carlyle from Morgan Stanley, where he serves as
President of Alternative Investments Partners (AIP). He begins his
duties in May and will be based in New York.
David M. Rubenstein, Carlyle Co-Chief Executive Officer, said,
“Jacques has an extraordinary track record of innovation in the
development and delivery of products and services that meet and
anticipate investor needs. We are delighted that he will bring his
experience and energy to take our Solutions business to a new level
of success.”
Solutions is one of Carlyle’ four business segments; the others
are Corporate Private Equity, Real Assets and Global Market
Strategies. In this new role, Mr. Chappuis will build upon the
strong foundation created by AlpInvest, the Dutch private equity
fund-of-funds manager, which Carlyle first partnered with in 2011.
Mr. Chappuis and the Solutions team will consolidate existing
Carlyle products and create new ones, including: Customized Managed
Accounts, Fund-of-Funds, Portfolio Advisory and Risk Management
Services, outcome-oriented products and other new initiatives that
facilitate third party access to Carlyle funds.
Mr. Chappuis said, “This is a rare and fantastic opportunity to
build out a business within a premier global firm. Demand for
investment product customization and specialization increases by
the day and I am eager to harness the power of the Carlyle brand
and team to develop and innovate for Carlyle’s investors.”
As President of AIP, Mr. Chappuis led a team of 220 people in a
global fund of funds business with $29 billion across hedge funds,
private equity, real estate and multi-asset class solutions. He
transformed AIP from a traditional fund of funds to an alternative
investments solutions business that accounted for 80 percent of
asset growth. Prior to becoming President in 2009, Mr. Chappuis was
Head of Alternative Investments at both Morgan Stanley and
Citigroup’s wealth management organizations.
Mr. Chappuis is a graduate of Tulane University and earned his
MBA from Columbia University.
About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global alternative asset
manager with $170 billion of assets under management across 113
funds and 67 fund of fund vehicles as of December 31, 2012.
Carlyle’s purpose is to invest wisely and create value on behalf of
our investors, many of whom are public pensions. Carlyle invests
across four segments – Corporate Private Equity, Real Assets,
Global Market Strategies and Solutions – in Africa, Asia,
Australia, Europe, the Middle East, North America and South
America. Carlyle has expertise in various industries, including:
aerospace, defense & government services, consumer &
retail, energy, financial services, healthcare, industrial,
technology & business services, telecommunications & media
and transportation. The Carlyle Group employs 1,400 people in 33
offices across six continents.
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