Carlyle Appoints Shane Clifford as Head of Private Wealth Strategy

Washington, D.C. and New York, NY – July 11, 2023 – Global investment firm Carlyle (NASDAQ: CG) today announced that Shane Clifford has joined as Head of Private Wealth Strategy. 

Clifford brings over 20 years’ experience in various alternative assets and financial services business development and strategy positions, including roles at Legg Mason (EnTrustPermal), BlackRock, and Merrill Lynch. He joins Carlyle from Franklin Templeton, where he was responsible for growing their Alternative Strategies segment and managing the product development and retail distribution strategy.

In this newly created role, Clifford will be responsible for growing Carlyle’s Private Wealth business across its three global business segments as the firm looks to expand its existing capabilities in this growing market. In particular, he will lead the team in identifying new investor segments, new products, and capital raising opportunities to appeal to private wealth investors globally. 

Carlyle Head of Global Credit, Mark Jenkins, said, “I am delighted to announce Shane’s appointment. He has a proven track record of leading and growing alternative assets sales segments and products, and of designing and implementing business development strategies that have raised significant capital. We believe there is tremendous long-term opportunity for Carlyle to grow our footprint in this space given the strength of our brand and our diversified global platform.”

Shane Clifford, Head of Private Wealth Strategy at Carlyle, said, “I am excited to join Carlyle, a firm I have long-since admired for its global reach and world-class brand. I look forward to working with the team to capture the significant opportunities that lie ahead as we seek to develop and grow the firm’s private wealth business into new areas.”

About Shane Clifford
Shane Clifford is a Managing Director and Head of Private Wealth Strategy at Carlyle. He is based in New York.

He has over 20 years of industry experience leading business development and strategy for large alternative assets and financial services firms. Prior to joining Carlyle, he was a Senior Managing Director at Franklin Templeton where he was responsible for the global growth strategy and business development of their suite of alternatives offerings. 

Previously, Mr. Clifford held several senior leadership and business development positions at Legg Mason subsidiaries, including Global Head of Corporate Strategy at EnTrustPermal as well as Global Head of Business Development at Permal Group, where he built and managed the global business development team, including sales, investor relations, client service and marketing. 

He began his career at Merrill Lynch before working for BlackRock in the U.S., UK, Middle East and Latin America. 

Mr. Clifford is a graduate of the University of Limerick, Ireland, and holds an MBA from the Boston University Graduate School of Management.

About Carlyle
Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Global Investment Solutions. With $381 billion of assets under management as of March 31, 2023, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs more than 2,200 people in 29 offices across five continents. Further information is available at www.carlyle.com. Follow Carlyle on Twitter @OneCarlyle.

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