News Release

The Carlyle Group builds out Credit Opportunities Team with European leadership appointments

2018-038

Taj Sidhu to lead Credit Opportunities team in Europe; Philip Moore joins as Managing Director

London, UK, 10 July 2018 – Global alternative asset manager The Carlyle Group L.P. (NASDAQ: CG) today announces that it has hired Taj Sidhu as Managing Director to lead the Credit Opportunities team in Europe. He is based in London reporting into Alexander Popov.

Alexander Popov, Managing Director and Head of the Global Credit Opportunities team, said: “Taj has exceptional investment experience. I look forward to working with him as we grow the credit opportunities team in Europe. Building out our Global Credit business is a strategic priority for the firm, and we see an opportunity in Europe for complex and highly structured investments in support of family and entrepreneur-owned businesses. Expanding our credit opportunities team in Europe is also testament to our team’s achievements in the U.S. where we have already committed to a number of investments.”

Before joining Carlyle, Mr. Sidhu was a Managing Director and Head of European Private Credit for Oz Management where he worked for almost fourteen years. Mr. Sidhu led Private Credit in Europe, was a member of Oz Management’s Global Commitments Committee, European Institutional Credit Strategies Investment Committee and European Executive Committee. Mr. Sidhu joined Oz Management in 2004 and during his tenure was involved in a broad spectrum of the firm’s investment strategies. Prior to joining Oz Management, Mr. Sidhu was an Investment Banking Associate at Merrill Lynch in the Financial Sponsors and Leveraged Finance Groups. Mr. Sidhu  has a B.Sc. in Mathematics from the University of Warwick Mathematics Institute.

Also joining the Credit Opportunities team in London is Philip Moore, Managing Director, and the firm intends to appoint additional new hires this year.

Prior to joining Carlyle, Mr. Moore was a Managing Director at HPS Investment Partners where he directed the firm’s real estate investment activities in Europe. Prior to joining HPS in 2014, he was a Principal and Investment Committee member at DRC Capital focusing on investing in European commercial real estate debt transactions. Mr. Moore has a Masters in Management from HEC Paris, France and an MA in Mathematics from Emmanuel College, Cambridge University, UK.

The Credit Opportunities team invests primarily in highly structured and privately negotiated capital solutions supporting corporate borrowers through secured loans, senior subordinated debt, mezzanine debt, convertible notes, and other debt-like instruments, as well as preferred and common equity in such borrowers. The team also invests in special situations, event-driven opportunities, as well as market dislocations, primary and secondary market investments in liquid debt instruments that arise through temporary market volatility.

Carlyle’s Global Credit platform, with $34 billion in assets as of March 31, 2018, includes funds in Loans & Structured Credit, Private Credit, Energy Credit and Distressed Credit. These businesses have more than 100 investment professionals in New York, Washington, DC, Los Angeles, Chicago, Hong Kong and London.

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About The Carlyle Group

The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $201 billion of assets under management across 324 investment vehicles as of March 31, 2018. 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 Credit 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 1,575 people in 31 offices across six continents.

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Media contact:
Katarina Sallerfors
Katarina.sallerfors@carlyle.com
+44 (0)20 7894 3554

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