Investing
Carlyle Is Dismantling US Consumer Investing Team in Buyout Shift
- Four dealmakers who made consumer bets were asked to leave
- Shift in focus will affect about a dozen Carlyle employees
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Carlyle Group Inc. is retreating from bets on US consumer brands as the firm reorganizes its private equity business in the country around core sectors such as financial services and technology.
The alternative asset manager is dismantling its US consumer, media and retail investing team, according to people familiar with the matter.