News Release

The Carlyle Group Names Jill Wight to New Portfolio Operations Role for U.S. Middle Market Team

2015-053

Harnessing Carlyle’s Global Resources to Create Value in Portfolio Companies 

Washington, DC – Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced that Jill R. Wight has joined the firm as a Principal in the U.S. middle market team in a newly-created operations role that seeks to harness the global resources of the firm to create value in the middle market fund’s portfolio. Ms. Wight, who comes to Carlyle from Goldman Sachs, where she was a Director in the Special Situations Group, is based in New York.

Rodney S. Cohen and Brooke B. Coburn, Managing Directors and Co-Heads of Carlyle’s U.S. Equity Opportunity Fund, said, “Jill brings a wealth of experience in value creation planning, company-specific oversight, value enhancement and executive development. The middle market team’s greatest competitive advantage is our ability to leverage Carlyle’s global resources to create value in our U.S. portfolio. Jill’s deep and broad experience in portfolio operations positions her well to make connections across our funds’ investments and with other Carlyle portfolio companies.”

Specifically, Ms. Wight will help develop and implement strategic and 100-Day Plans that address key risks and capture value creation opportunities; build out and harness the team’s stable of operating executives; and help ensure the funds are focused and accountable around key portfolio company priorities over the holding period.

Ms. Wight said, “This is a fantastic opportunity to help the U.S. middle market team take full advantage of a wealth of global resources as we work to create value. I look forward to sharing my experience and working within the One Carlyle collaborative culture.”

The U.S. middle market team is currently investing two funds: Carlyle U.S. Equity Opportunity Fund, L.P. I & II. Recent investments include Service King, one of the largest automotive collision repair centers in the U.S.; ECi Software Solutions, a provider of industry-specific technology; Traxys Group, a financial and logistical provider in the mining industry; AxleTech International Holdings, Inc., a manufacturer of automotive supplies; and PrimeSport, a global sports travel and events-management company.

Ms. Wight joined Goldman Sachs’ Special Situations Group in 2008 where she headed the Portfolio Operations Group. At Goldman Sachs she was instrumental in driving the operational value enhancement in more than 50 companies in the Americas. Prior to joining Goldman Sachs as a Director in 2008, Ms. Wight was a Vice President in the Equity and Distressed Investing Group at GSC Group where she led portfolio operations. She previously held leadership positions in strategic management consulting at Bain & Company and Marakon Associates. She is currently a Director of the New York Private Equity Network and serves on the board of the Yale Alumni Fund.

Ms. Wight earned her BA in economics from Yale University and her MBA in finance with Distinction from The Wharton School of the University of Pennsylvania.

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About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $193 billion of assets under management across 130 funds and 156 fund of funds vehicles as of March 31, 2015. 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 1,650 people in 40 offices across six continents.

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Contact
Elizabeth Gill
+1-202-729-5385
elizabeth.gill@carlyle.com

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