News Release

Norbert Reis Joins The Carlyle Group as Managing Director

2007-144

Munich, Germany – Global private equity firm The Carlyle Group today announces that it has appointed Norbert Reis as Managing Director in Carlyle’s European buyout team.


Norbert joins a team of nine Managing Directors overseeing the investment activity of Carlyle Europe Partners. He will primarily be focused on conducting investments in Germany and Austria alongside Managing Director, Gregor Böhm.


Norbert joins from Credit Suisse where he was Vice Chairman, Investment Banking and brings a wealth of experience in European M&A, restructuring and capital raising, having previously served as Co-Head of Credit Suisse's European Mergers and Acquisitions Department as well as the firm's German investment banking business.


In addition to the experience he gained serving a group of large industrial clients, Mr. Reis has a strong track record in financing and structuring large buyouts having advised, among others, Linde's disposal of Kion, BASF's disposal of Basell and the buyout, follow-on acquisition and sale of Sulo for Apax and Blackstone.

David M. Rubenstein, Co-Founder and Managing Director, The Carlyle Group said, “We are delighted to welcome Norbert to Carlyle’s European buyout team. Carlyle was one of the first global firms to recognise the importance of Germany and we have established a track record of excellent deals since opening in Munich in 1997. With Norbert’s appointment alongside Gregor Bohm we have an extremely deep pool of local expertise and his appointment supports our commitment to the region.”


Norbert Reis, Managing Director, The Carlyle Group, added, “Joining Carlyle is an exciting opportunity: the new €5.35 billion European fund together with Carlyle's commitment to growing its European presence come at a time when private equity as an asset class enjoys strong acceptability and conditions for future acquisitions are unusually attractive throughout Europe.”


Jean-Pierre Millet, Managing Director and Head of Carlyle Europe Partners, The Carlyle Group, commented: “Our first two dedicated European funds have been top quartile and top decile performers and this track record has been built on the exceptional abilities of our investment professionals. Norbert’s appointment adds further strength to that team as we invest our record fund, Carlyle Europe Partners III, which is already being put to work in major transactions such as Applus+.”


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