The Carlyle Group Names Peter Malone, Co-founder of CSP Associates, Inc., Operating Executive for Aerospace, Defense & Govern...
October 10 2013 - 7:00AM
Business Wire
Firm Now Has 25 Operating Executives Working to Create
Value
Global alternative asset manager The Carlyle Group (NASDAQ: CG)
today announced that Peter Malone, former founding partner of CSP
Associates, has joined the firm as an Operating Executive in the
Global Aerospace, Defense & Government Services group.
As an Operating Executive, Mr. Malone will provide strategic
guidance to Carlyle professionals throughout the investment
process, from sourcing new acquisitions through exit and will
advise portfolio company executives on management, operational,
programmatic and growth strategies. He joins a group of 25 senior
business executives – with an average of 40 years of experience –
who help Carlyle create value across a range of industries.
Adam Palmer, Carlyle Managing Director and Head of the Global
Aerospace, Defense & Government Services group, said, “We are
pleased to welcome Peter to the Carlyle team following a remarkable
career at CSP Associates, during which he advised Carlyle on a
number of our aerospace and defense transactions over the last
twenty years. We believe Peter’s depth and scope of strategic and
business experience in the aerospace and defense arena will help us
to create value in our existing portfolio and to make new promising
investments.”
Mr. Malone said, “I am excited to become part of a firm that is
committed to this sector and creating value. Adam and his team have
a track record of success and I am eager to contribute to their
efforts.”
The Aerospace, Defense & Government Services group has led
Carlyle’s acquisition of numerous companies, including among
others: United Defense, Avio, SpA, Vought Aircraft, ARINC, Booz
Allen, and Wesco.
Mr. Malone joined CSP Associates in 1985. He also serves on the
Boards of ILC Industries, Inc. and Oceus Networks, Inc.
Mr. Malone earned degrees from the University of Massachusetts
Amherst (B.A.), Tufts Fletcher School (M.A., Ph.D.) and Harvard Law
School (J.D.)
About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global alternative asset
manager with $180 billion of assets under management across 118
funds and 81 fund of funds vehicles as of June 30, 2013. Carlyle's
purpose is to invest wisely and create value on behalf of its
investors, many of whom are public pensions. Carlyle invests across
four segments – Corporate Private Equity, Real Assets, Global
Market Strategies and Global 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 more than 1,400
people in 34 offices across six continents.
Web: www.carlyle.comVideos: www.youtube.com/onecarlyleTweets:
www.twitter.com/onecarlylePodcasts:
www.carlyle.com/about-carlyle/market-commentary/481
The Carlyle GroupElizabeth Gill,
+1-202-729-5385Elizabeth.gill@carlyle.com
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