News Release

Carlyle Names Industry Veteran Geoff Hutchinson as Managing Director and Head of Private Equity in Australia and New Zealand

Sydney, Australia, October 24, 2022 - Global investment firm Carlyle (NASDAQ: CG) today announced that private equity industry veteran Geoff Hutchinson will be joining the firm as Managing Director and Head of Private Equity in Australia and New Zealand. The appointment underscores Carlyle’s strong commitment to Australia and New Zealand as key markets in Asia Pacific. 

Mr. Hutchinson has over 15 years of private equity industry experience and brings with him deep expertise in dealmaking and value creation for portfolio companies. He joins Carlyle from Morrison & Co, where he was Co-Head for Australia and New Zealand. Prior to that, he was Managing Director at Pacific Equity Partners where he worked for almost 14 years (from 2008-2021), leading and executing multiple market-leading private equity deals across the consumer, healthcare, education and business services sectors. 

Mr. Hutchinson will continue to build on Carlyle’s long and established presence in Australasia and have responsibility for leading the investment advisory team and overseeing investments across the firm’s priority sectors in consumer, healthcare, technology and financial services across Australia and New Zealand. He will be based in Sydney.
 
Mr. X.D. Yang, Managing Director and Chairman of Carlyle Asia, said, “We are very excited to welcome Geoff to Carlyle’s Asia Pacific leadership team. Carlyle has an established track record of over 20 years in Australasia where we have completed several notable transactions such as Healthscope, Coates Hire, Qube Logistics, iNova Pharmaceuticals and Accolade Wines. Geoff will play an important role in further strengthening our investment advisory platform and steering our continued growth in Australia and New Zealand, which continue to be important markets for us where we see attractive opportunities to invest in what we consider to be high-quality businesses.”

Mr. Hutchinson commented, “Carlyle has a highly established brand and network, access to global sector capabilities, and a history in Australia and New Zealand of delivering, in my view, some of the most prominent deals in the market. With a shared conviction about the growth potential of this market and the opportunity to drive value for investors and businesses, I look forward to building upon the solid foundation and successes that Carlyle Asia has established.”

Mr. Hutchinson has significant experience serving on both private and public company boards. He also previously worked at Bain & Company in Sydney, London and Johannesburg for 10 years, where he advised companies spanning the FMCG, retail, industrials and telecommunications sectors on business and operational strategies. He holds a Bachelor of Science and Bachelor of Commerce degree from the University of Melbourne, and an MBA from INSEAD.

Carlyle has invested more than US$24 billion of equity in more than 200 private equity transactions in the Asia Pacific region, and more than US$1.7 billion of equity in six transactions in Australia and New Zealand as of June 30, 2022.

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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 $376 billion of assets under management as of June 30, 2022, 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 1,900 people in 26 offices across five continents. Further information is available at www.carlyle.com. Follow Carlyle on Twitter @OneCarlyle.

Media Contacts
Lonna Leong 
Head of Carlyle Asia Pacific Corporate Communications
Mobile: +852 9023 1157
Email: lonna.leong@carlyle.com

Sue Cato
Cato and Clive
Mobile: + 61 (0) 419 282 319
Email: cato@catoandclive.com