The Carlyle Group Adds International Energy Investment Team To Growing Global Energy Platform
May 02 2013 - 7:00AM
Business Wire
Global alternative asset manager The Carlyle Group (NASDAQ: CG)
today announced it has added a six-person international energy
investment team to its growing energy platform, significantly
expanding the firm’s ability to invest in a full range of energy
assets around the world. Marcel van Poecke, a seasoned global
energy investor, will lead the effort, collaborating with Carlyle’s
established investment teams. Mr. van Poecke and the international
energy team begin their duties in early May.
Carlyle Chairman Daniel A. D’Aniello said, “Marcel and his team
expand and complement our broad-based energy investment offering.
Through organic growth and strategic partnerships we have created
an energy platform that can invest in energy assets located
anywhere in the world.”
Mr. van Poecke said, “This is a remarkable opportunity to
combine my team’s international oil and gas investing experience -
in particular in Europe and Africa - with Carlyle’s established
energy platform. With global energy demands inexorably on the rise
we believe we are well positioned to invest and create value for
Carlyle’s investors.”
The new international energy team will focus on oil and gas
exploration and production (E&P), midstream, oil field services
(OFS) and refining and marketing (R&M) in Europe, Africa, Latin
America and Asia.
The team complements Carlyle’s energy investments ($28 billion
in AUM), which includes a strategic partnership with NGP Energy
Capital Management (E&P investing in North America);
energy mezzanine financing; energy infrastructure & power
generation (Cogentrix); commodities (Vermillion); and the firm’s
proven buyout capabilities in transactions such as Philadelphia
Energy Solutions and Kinder Morgan.
Mr. van Poecke has a long-standing relationship with Carlyle
having run Petroplus, a European-based oil refining and marketing
business, during Carlyle’s ownership from 2005 to 2007. Following
his departure from Petroplus in late 2007, Mr. van Poecke and his
team made successful investments across the energy value chain,
including Oranje-Nassau Energie (E&P Europe/Africa) and
Discover Exploration (E&P Africa).
Industry experts forecast global energy demand to grow
dramatically over the next decade driven in particular by increased
economic growth and industrialization in non-OECD nations. Energy
production and infrastructure is expected to grow dramatically in
Europe, Africa, the Americas and Asia to meet this demand. This
environment will increase the need for capital investment
globally.
The team joining Mr. van Poecke includes:
- Paddy Spink, Operating Executive – 35
years’ upstream experience in Africa, Latin America &
Europe;
- Joost Droege, Managing Director – 25
years’ downstream experience primarily in Europe;
- Joao Saraiva e Silva, Managing Director
– who has been in the industry for over 14 years both in African
& European upstream/downstream operations.
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 funds 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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About Marcel van Poecke
Marcel van Poecke has a long-term relationship with Carlyle and
is a 25-year energy sector veteran. Most notably, Marcel founded
Petroplus in 1993 and grew the business into the largest
independent oil refiner in Europe. Following his departure from
Petroplus in late 2007, Marcel established AtlasInvest N.V. to make
oil and gas investments where he and his team built an energy
portfolio in oil, gas and renewable energy. In 2009, the team made
its largest investment to date, Oranje-Nassau Energie (ONE). ONE is
a private Dutch exploration & production company with a long
track record in running a diversified upstream portfolio. Marcel
van Poecke is chairman of the ONE Board and a Board Member at
Discover Exploration, VARO, Hestya and Argos Group Holdings. Marcel
van Poecke has a degree in Agricultural Business Administration
from the University of Wageningen and a Masters in Business
Administration from the William E. Simon School of Management,
University of Rochester, USA.
Forward Looking Statements
This press release may contain forward looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. These
statements include, but are not limited to, statements related to
the benefits we expect to realize as a result of our partnership
with AtlasInvest N.V., as well as our expectations regarding the
performance of our business, our financial results, our liquidity
and capital resources and other non-historical statements. You can
identify these forward-looking statements by the use of words such
as “outlook,” “believes,” “expects,” “potential,” “continues,”
“may,” “will,” “should,” “seeks,” “approximately,” “predicts,”
“intends,” “plans,” “estimates,” “anticipates” or the negative
version of these words or other comparable words. These statements
are subject to risks, uncertainties and assumptions, including
those associated with a failure to complete the acquisition and the
failure of the AtlasInvest N.V. team to perform as we expect, as
well as those described under the section entitled “Risk Factors”
Form 10-K as filed on March 14, 2013 as such factors may be updated
from time to time in our periodic filings with the SEC, which are
accessible on the SEC’s website at www.sec.gov. These factors
should not be construed as exhaustive and should be read in
conjunction with the other cautionary statements that are included
in this release and in our filings with the SEC. We undertake no
obligation to publicly update or review any forward-looking
statements, whether as a result of new information, future
developments or otherwise, except as required by applicable
law.
This release does not constitute an offer for any current or
future Carlyle fund.
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