Carlyle Group, a pioneer in the field of private equity, has made several changes since Harvey Schwartz joined two years ago as its chief executive. These changes have boosted Carlyle’s share price and assets under management, and morale is reportedly on the up-and-up at the nearly 40-year-old firm.
“Two to three years of progress has been accomplished in the past year and a half. With key transitions behind us, we’re focused on growth initiatives that will drive a noticeable value creation phase for shareholders,” the company’s CFO, John Redett, told Fortune.
