Carlyle Said to Hire Och-Ziff's Schmitz for Distressed Assets

Carlyle Group LP hired Christian Schmitz for its distressed debt and equity business in London, according to a person familiar with the matter.

Schmitz joins the firm as a managing director of Carlyle Strategic Partners, which focuses on special situations, said the person, who asked not to be identified because they’re not authorized to speak about it. He will report to Ian Jackson, co-head of the business, the person said.