Led by Carlyle Partner and Managing Director, Gregory Ledford, the Industrial team has the experience and global resources to identify and capitalize on a wide range of investment opportunities. The group’s strategy includes partnering with both strategic buyers and seasoned industry executives to improve the operations and competitive positioning of a portfolio company. Former Carlyle portfolio company Axletech was the beneficiary of this approach in partnership with the company's CEO, Mary Petrovich. Mr. Ledford explains, "During our three year ownership period and under Mary's leadership, AxleTech greatly expanded its military business, tripled its earnings and earned our L.P.'s 3.7X their investment when it was sold to General Dynamics."