Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced that Managing Directors Patrick R. McCarter and Campbell “Cam” R. Dyer and have been promoted to Co-Heads of the Global Technology, Media and Telecommunications (TMT) team. They succeed long-term Head James A. Attwood, Jr. who will continue as a Managing Director on the TMT team and maintain service on a number of Carlyle portfolio company boards. Mr. Dyer is based in Washington, DC and Mr. McCarter is based in Menlo Park, CA. Their new roles are effective September 1, 2017.
Sandra J. Horbach, Co-Head of U.S. Buyout, said, “Patrick and Cam are proven investors and leaders who are well positioned to build upon Carlyle’s extensive track record of investing in the TMT sector. In our current U.S. Buyout fund, our TMT team has been active adding five new platforms, including an investment in ZeroChaos announced last Monday. That we could promote from within is indicative of the strength of our TMT team, which along with Managing Directors Julius Genachowski and Russell Farscht, is one of the most seasoned and successful teams in this space globally.”
Peter J. Clare, Co-Head of U.S. Buyout and Carlyle Deputy CIO for Corporate Private Equity, said, “We are grateful to Jim Attwood for his 17 years of leadership and service to our investors, the longest tenure of any of our sector heads in that leadership role. The team, and our portfolio companies and investors will continue to benefit from his active and continuing role as a Managing Director on the TMT team.”
Mr. Attwood said, “It has been a wonderful privilege to lead this team since 2000. I have total confidence in the team and the new leadership. Together they will continue to accomplish great things.”
Carlyle’s TMT team makes buyout and growth capital investments in a range of large and medium-sized TMT and business services companies on a global basis. TMT is a core area of focus for the firm, representing more than $24 billion of invested equity in companies, including CommScope, SS&C Technologies, Nielsen, Dex Media, Insight Communications, OpenLink, PanAmSat and Casema. In September 2015, Carlyle opened its Menlo Park, CA office to expand its presence in TMT particularly with West Coast-based companies.
Mr. Dyer, a 15-year Carlyle veteran, has led a number of the firm’s technology and services investments and has served on the boards of ProKarma, ION, Veritas, Dealogic, CommScope, OpenLink Financial, Open Solutions and SS&C Technologies, and led the recently announced ZeroChaos transaction. Prior to joining Carlyle, Mr. Dyer was an investment professional at William Blair Capital Partners and an investment banker at Bowles Hollowell Connor & Co. Mr. Dyer earned his B.S., magna cum laude, from Washington and Lee University and his M.B.A with high distinction from Harvard Business School where he was a Baker Scholar.
Mr. McCarter, who joined Carlyle in 2001, leads Carlyle’s Menlo Park office. He has been actively involved with the firm’s investments in Veritas, Dealogic, CommScope, OpenLink Financial, Open Solutions, Freescale Semiconductor and Jazz Semiconductor. Prior to joining Carlyle, Mr. McCarter was an investment banker with Morgan Stanley. Mr. McCarter earned his B.S. with a double major in industrial engineering and economics from Northwestern University and his M.B.A. from Harvard Business School.
About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $162 billion of assets under management across 287 investment vehicles as of March 31, 2017. 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 Investment 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, real estate, technology & business services, telecommunications & media and transportation. The Carlyle Group employs more than 1,550 people in 31 offices across six continents.