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Carlyle appoints Olivier Sarkozy as co-head of Global Financial Services Group

04/03/2008Source: AltAssets.  

The Carlyle Group has appointed Olivier Sarkozy, half-brother of French president Nicolas Sarkozy and global head of FIG Investment Banking at UBS, as co-head and managing director of its Global Financial Services Group. He will be based in New York.

David M Rubenstein, co-founder and managing director of Carlyle, said, 'Olivier is a remarkable addition to our financial services team. He has an incredible track record and network that will help Carlyle capitalise on the dislocation in the financial services sector and extend our record of success to this important and growing part of the global economy.'

Sarkozy added, 'This is a unique opportunity to work with a top-tier investment firm as it establishes a new global practice. Carlyle's global footprint and track record of success bode well for the remarkable team that has already been assembled. I look forward to working with Dave Zwiener and the team to make a mark for Carlyle in the increasingly important financial services investment sector. I leave UBS with great sadness and wish the FIG team continued success. I will continue to work with UBS in an advisory capacity and welcome UBS's support of Carlyle's financial services investment efforts.'

Carlyle established its Global Financial Services Group in June 2007.

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