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Here’s Who Wall Street Is Betting Could Be Carlyle’s Next CEO

  • The firm is seeking a new boss after Kewsong Lee’s abrupt exit
  • Erdoes, Friedman and Clare are seen as possible contenders
Bloomberg business news
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Carlyle Group Inc. has kicked off a search for its next leader after the sudden exit this week of Chief Executive Officer Kewsong Lee, with analysts and insiders betting the company will look outside to partly fill the role.

The Washington-based firm has hired Russell Reynolds Associates to do the search and could bring in an outsider to fill the vacancy and elevate an insider to co-CEO or president, according to people with knowledge of the situation. They asked not to be identified because the matter is private.