The Carlyle Group Names Former Richemont Japan Executive Yutaka Nishimura Operating Executive for the Japan Buyout Group

Tokyo, Japan – Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced that Yutaka Nishimura, former President and Regional CEO of Richemont Japan Ltd, will become an Operating Executive in the Japan Buyout Group. He will begin his duties in January 2016.

As an Operating Executive, Mr. Nishimura will provide strategic guidance to Carlyle professionals throughout the investment process, particularly for the consumer, retail and healthcare sectors, and will advise portfolio company executives on management, operational, branding and growth strategies. He joins a group of more than 25 senior business executives – with an average of 40 years of experience – who help Carlyle invest wisely and create value across a range of industries. In Japan, Mr. Nishimura will join two other operating executives – Mr. Yukio Kubota, former President of Sony Ericsson Japan, and Mr. Yasuo Nishiguchi, former President and CEO of Kyocera Corporation.

Tamotsu Adachi, Managing Director and Co-head of Carlyle Japan L.L.C., said, “We are pleased to welcome Mr. Nishimura to the Carlyle team following 12 years in senior roles at Richemont Japan, and 16 years in various positions at General Electric. Mr. Nishimura will be an invaluable addition to our team, helping drive value creation within our existing portfolio and adding a new dimension as we evaluate new opportunities.”

Mr. Nishimura said, “I am excited to work with Carlyle and play a role in the firm’s future success and value appreciation of Japanese corporations, leveraging my experiences and expertise in the consumer, retail and healthcare sectors.”

Mr. Nishimura joined Richemont Japan in 2003, where he served across multiple roles, including as President and Regional CEO since 2005. Prior to joining Richemont Japan, Mr. Nishimura held leadership positions at GE Edison Life and GE Medical Systems Asia. Mr. Nishimura is a member of the Japan Association of Corporate Executives.

Mr. Nishimura earned his BA in economics from Keio University.

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About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $188 billion of assets under management across 126 funds and 160 fund of fund vehicles as of September 30, 2015. Carlyle's purpose is to invest wisely and create value. Carlyle invests across four segments - Corporate Private Equity, Real Assets, Global Market Strategies and Fund of Funds 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 1,700 people in 35 offices across six continents.

Carlyle is the only global alternative asset manager to establish a dedicated Japan buyout fund denominated in yen. Carlyle’s Japan buyout funds, which have made 20 investments in Japan, have a track record of supporting Japanese mid-cap companies’ overseas business expansion, enhancing their operational efficiency and strengthening their management infrastructure. In September 2015, Carlyle announced that it raised ¥119.5 billion (approximately $1.0 billion) for its third Japanese buyout fund, Carlyle Japan Partners III.

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Media contacts:

The Carlyle Group
Brian Zhou
Tel：+86 10 57067070
brian.zhou@carlyle.com

Ogilvy Public Relations Japan
Naoko Nakayama, Abi Sekimitsu
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