Carlyle Asia Partner Siewert to Step Down After 16-Year Stint
- Siewert is the most senior departure for Carlyle Asia in years
- The ex-Coca-Cola group president will become senior adviser
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Carlyle Group Inc.’s Patrick Siewert, one of the most senior executives of the buyout firm in Asia-Pacific, is stepping down after 16 years in Hong Kong to become a senior adviser.
Siewert, 67, will retire as partner and head of consumer, media and retail next month. The moves comes as the firm is raising its biggest ever buyout fund in the region while wrestling with a global slump in dealmaking.