News Release

The Carlyle Group Names Mark Blaufuss as Operating Executive for Global Industrial & Transportation Team

2019-013

Washington, DC – Global investment firm The Carlyle Group (NASDAQ: CG) today announced that Mark Blaufuss, former Chief Financial Officer of Metaldyne Performance Group, has been retained as an Operating Executive consultant for the Industrial & Transportation team.

As an Operating Executive, Mr. Blaufuss will provide strategic guidance to Carlyle professionals throughout the investment process, from sourcing to acquisition, and advise portfolio company executives on management, operations and growth strategies. He joins a distinguished group of more than 40 Carlyle Operating Executives, Senior Advisors and Operating Advisors – with an average of more than 30 years of experience. Mr. Blaufuss will also continue to devote time to various roles outside of the firm.

Brian Bernasek, Carlyle Managing Director and Head of the Global Industrial & Transportation Group, said, “Mark has deep experience across several industrial subsectors and a proven track record as a business executive, including experience at three previous Carlyle portfolio companies where he was instrumental in driving strategic growth and business improvement. His perspectives, insights and operational expertise will be particularly valuable to our platform as we evaluate new investment opportunities and work with our portfolio companies to improve their operating performance.”

Mr. Blaufuss, said, “I am excited for the opportunity to continue my long-standing relationship with Carlyle and work closely with a team for whom I have immense respect. I look forward to leveraging my experience and expertise to drive value creation with Carlyle’s existing portfolio companies and new investments.”

Mr. Blaufuss was most recently the Chief Financial Officer of Metaldyne Performance Group (NYSE: MPG), a $3 billion light vehicle supplier. During his tenure, Mr. Blaufuss was instrumental in forming Metaldyne Performance Group through the merger of three $1 billion metal-forming businesses (HHI, Metaldyne and Grede), refinancing the combined entity, executing its initial public offering in 2014 and ultimately selling the company to American Axle & Manufacturing (NYSE: AXL).

Prior to Metaldyne Performance Group, Mr. Blaufuss worked extensively with private equity owned manufacturing and distribution businesses, including CFO positions at three Carlyle owned businesses, Metaldyne, United Components, Inc. and Axletech International, helping to guide all three businesses through growth and successful ownership transition. Earlier in his career, Mr. Blaufuss worked as a director of AlixPartners, Corporate Controller of JPE, Inc., and Manager at PricewaterhouseCoopers.

Mr. Blaufuss holds a B.A. degree in Accounting from Michigan State University and currently serves on the Board of UCI International.

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About The Carlyle Group

The Carlyle Group (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across four business segments: Corporate Private Equity, Real Assets, Global Credit and Investment Solutions. With $216 billion of assets under management, Carlyle’s purpose is to invest wisely and create value on behalf of our investors, portfolio companies and the communities in which we live and invest. The Carlyle Group employs more than 1,650 people in 31 offices across six continents.

Web: www.carlyle.com
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Tweets: www.twitter.com/onecarlyle
Podcasts: www.carlyle.com/about-carlyle/market-commentary

Contact:

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

Or

Devin Broda
Sard Verbinnen & Co.
+1 (212) 687-8080
Carlyle-SVC@sardverb.com

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