Carlyle Group hired Taylor Boswell as managing director on the Credit Opportunities team. Taylor previously worked at Apollo Global Management as managing director and investment committee member in the illiquid opportunistic credit business.
Global alternative asset manager The Carlyle Group L.P. (NASDAQ: CG) today announced that it has hired Taylor Boswell as Managing Director on the Credit Opportunities team. Mr. Boswell is based in New York.
Alexander Popov, Managing Director and Head of the Credit Opportunities team, said, “Taylor is an exceptional investor and strong team leader, and we are pleased to welcome him to Carlyle. The team is now at scale and well-prepared to drive our Credit Opportunities business forward.”
Mark Jenkins, Managing Director and Head of the Global Credit platform, said, “Our Global Credit business is a strategic priority of the firm. The Credit Opportunities team is a key component of our group’s mandate to create value for our investors and provide innovative and strategic financing solutions for our portfolio companies.”
The Credit Opportunities team invests primarily in highly-structured and privately-negotiated capital solutions supporting corporate borrowers through secured loans, senior subordinated debt, mezzanine debt, convertible notes, and other debt-like instruments, as well as preferred and common equity in such borrowers. The team also invests in special situations, event-driven opportunities, as well as market dislocations, primary and secondary market investments in liquid debt instruments that arise as a result of temporary market volatility.
Before joining Carlyle, Taylor Boswell worked at Apollo Global Management, serving as a Managing Director and Investment Committee Member in the Illiquid Opportunistic Credit Business. His primary responsibilities included the sourcing, execution and management of complex, credit-oriented investments across a variety of sectors and geographies. Prior to joining Apollo in 2013, Mr. Boswell was a Director at Perella Weinberg Partners, where he focused on special situations corporate investing. Mr. Boswell earned his B.A. in political-economy from Princeton University.
Also joining the Credit Opportunities team in New York are Ben Fund, Principal, and Leo Kang, Associate.
Prior to joining Carlyle, Mr. Fund was employed by Point72 Asset Management and previously Apollo Global Management, where he focused on opportunistic corporate credit investing. Mr. Kang was previously an Associate at Guggenheim Partners, where he was responsible for corporate credit investment research in the food & beverage, gaming & leisure and airline industries.
Carlyle’s Global Credit platform, with $33 billion in assets as of December 31, 2017, includes: Loans & Structured Credit, Private Credit, Energy Credit and Distressed Credit. These businesses have 109 investment professionals in New York, Washington, DC, Los Angeles, Chicago, Hong Kong and London.
* * * * *
About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $195 billion of assets under management across 317 investment vehicles as of December 31, 2017. Carlyle’s purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Credit and Investment Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Carlyle has expertise in various industries, including aerospace, defense & government services, consumer & retail, energy & power, financial services, healthcare, industrial, infrastructure, real estate, technology & business services, telecommunications & media and transportation. The Carlyle Group employs more than 1,600 people in 31 offices across six continents.
Take your pick!
- Buyouts delivers exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more. Get your FREE trial or subscribe now.
- VC Journal provides exclusive news and analysis about venture capital deals, fundraising, top-quartile investors and more. Get your FREE trial or subscribe now.