After a 30-year investment banking career, Adam joined The Carlyle Group in September 2016 as a Managing Director in the firm’s private equity business. At Carlyle, Adam focuses on sourcing and doing due diligence on prospective investment opportunities for two of Carlyle’s private equity funds: Carlyle Equity Opportunity Fund, with $2.4 billion of capital that focuses on U.S. middle market private equity investments; and Carlyle Global Partners, with more than $3 billion in committed capital that employs a longer-term private equity strategy created to pursue control or non-control investments that are more suited to a longer duration vehicle than traditional private equity.
Prior to joining Carlyle, Adam spent 14 years at Jefferies LLC, most recently as a Managing Director and senior member of the Investment Banking Department, where his primary role for more than 10 years was as Global Head of the Financial Sponsors Group. Joining the firm in 2002, Adam helped build Jefferies’ investment banking department from approximately 100 bankers in the United States to more than 700 bankers globally when he left in March 2016. He served on the Investment Banking Operating Committee, the Mergers & Acquisitions Review Committee and the Managing Director Annual Review Committee.
Prior to joining Jefferies, Adam was a Managing Director at Bear, Stearns & Co. for seven years, where he was a member of the Financial Sponsors and the Retail & Consumer Groups. He began his career as a Financial Analyst at Kidder, Peabody and subsequently served as an Associate and then a Vice President in the Corporate Finance Department at Drexel Burnham Lambert. Adam sits on the boards of several non-profit organizations, including Penn Museum in Philadelphia, Kellogg Finance Network, and Educational Alliance, a community-based organization serving the residents of New York City’s Lower East Side.
Adam received a BS in economics from The Wharton School at the University of Pennsylvania and an MBA from J.L. Kellogg Graduate School of Management at Northwestern University.