Carlyle has appointed Ryan Selwood, former Head of Direct Private Equity at Canada Pension Plan Investment Board (CPP Investments), as Managing Director and Chief Development Officer.

In this newly created position, Selwood will be involved in a range of investment and management activities across Carlyle, working alongside many in leadership to drive major priorities including growth initiatives and corporate M&A. He also will serve on Investment Committees across all segments of the firm, including our Corporate Capital Commitments Committee. Ryan will join Carlyle on 1 January, 2022, reporting to CEO Kewsong Lee.

“We are thrilled to welcome Ryan to the team in this important new role, which underscores our commitment to thinking bigger, moving faster and performing better as we pursue new ways of growing the firm and continuing to invest wisely at global scale,” says Lee. “Ryan brings an impressive track record of accelerating business growth and I am confident he will play an important part in helping us deliver on our short- and long-term strategic and financial goals, and enhance all aspects of delivering for our Limited Partners and Shareholders.”

“It is exciting to begin the next chapter of my career as a member of the Carlyle team. The opportunity to learn and contribute to the continued momentum of this iconic global investment firm is compelling,” says Selwood. “I am grateful to have been part of the significant growth of CPP Investments’ enduring portfolio and organisation since 2006 in service of its more than 20 million contributors and beneficiaries.”

Read more/Source: Private Equity Wire