Carlyle’s Pete Clare to Exit After Being Passed Over for CEO

(Bloomberg) — Pete Clare, a three-decade veteran of Carlyle Group Inc. who has become synonymous with its buyouts business, is leaving after being passed over for the top job at the private equi...

Why Carlyle’s Billionaire Founders Had Enough of Their Chosen Successor

(Bloomberg) — Inside Carlyle Group, battle lines were forming. On one side: Kewsong Lee, the executive hand-picked to assume the mantle of Carlyle’s co-founders and clear the path for a new gene...