Deals
Carlyle Reshapes Its Asia Property Business, Parts Ways With Two Executives
- Firm is seeking to narrow its Asia focus on Chinese properties
- Changes come after co-CEOs Youngkin, Lee take over leadership
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Carlyle Group LP is parting ways with two of its most senior real estate executives as it reshapes its international business, according to people with knowledge of the matter.
Adam Metz, who was head of international real estate and based in Washington, recently left the firm, and Jason Lee, the company’s Hong Kong-based head of Asia real estate, will soon depart, according to the people, who asked not to be identified because the departures have not been formally announced. Jordan DeJarnette, a Carlyle spokeswoman, declined to comment on the changes.