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Carlyle Hires BlackRock’s McNeely to Work With Big Clients

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Carlyle Group Inc. hired a top executive from BlackRock Inc. to work with major clients including pension funds and endowments.

Doug McNeely will join as a partner later this year, according to people familiar with the matter. At BlackRock, he headed a group that managed some of the most important customers and was a key link to pensions from Connecticut to California.