Carlyle Announces New Leadership Lineup set for 2026
Carlyle Announces Major Leadership Appointments for Global Growth
Private equity giant Carlyle Group has announced significant changes to its senior leadership team, effective January 1, 2026. These appointments are a testament to the company's ongoing evolution and commitment to delivering exceptional results for its clients.
The new appointments include three Co-Presidents: John Redett, Mark Jenkins, and Jeff Nedelman, who will oversee Global Private Equity and Real Assets, Global Credit and Insurance, and Global Client Business respectively. Michael Wand has been appointed as Head of EMEA Investments. These leaders are expected to drive Carlyle's next phase of growth.
The firm's strategic priorities focus on fee-related earnings growth, expanding regional investment activity, and boosting operational scale to enhance investment outcomes and client value. Carlyle's recent performance shows a 25.6% year-over-year rise in distributable earnings and 18.4% increase in fee-related earnings, reflecting a business model that emphasizes stable revenues from secondary markets and perpetual capital. The goal is to grow Assets Under Management (AUM) towards $500 billion by year-end 2025.
Under John Redett’s leadership, Carlyle will emphasize growth in corporate private equity and real assets sectors globally. Mark Jenkins will lead initiatives to grow the global credit and insurance businesses, leveraging structural tailwinds such as Basel III reforms and increasing insurance allocations to private placements. Jeff Nedelman will enhance commercial initiatives and deepen client partnerships worldwide, aiming for improved investment performance and strategic alignment.
Michael Wand’s role as Head of EMEA Investments concentrates on scaling investment activity in that region, working with the Co-Presidents to support Carlyle's growth ambitions there. The firm is particularly focused on expanding its presence in Europe, the Middle East, and Africa (EMEA).
Admiral James Stavridis, as Vice Chairman, broadens engagement on global investment and geopolitical matters, supporting Carlyle’s strategic initiatives across regions.
Justin Plouffe will succeed John Redett as Chief Financial Officer of Carlyle, effective January 1, 2026. John Redett will remain CFO through the end of 2025 to ensure a smooth transition.
CEO Harvey Schwartz expressed his anticipation for partnering closely with the new appointees, along with Lindsay LoBue, the Chief Operating Officer, to execute the company's strategy and deliver significant value to investors and stakeholders worldwide. The individuals appointed are Carlyle veterans who are proven leaders with deep expertise and extensive experience.
Overall, Carlyle is leveraging this leadership restructuring to capitalize on its diversified fee-driven model, regulatory tailwinds, and strong market demand in alternative asset management, positioning the firm for ambitious growth and value creation worldwide.
Private equity firm Carlyle Group, with its focus on business expansion, has appointed John Redett to oversee the growth in corporate private equity and real assets sectors globally, aiming to drive the company's growth in these areas through finance and investment strategies. The firm's new Chief Financial Officer, Justin Plouffe, will play a critical role in ensuring the success of these financial ventures.