News Release

The Carlyle Group Names Ian Jackson as a Director of Distressed Investing in Europe

2009-004

London – Global private equity firm The Carlyle Group today named Ian Jackson as a Director of Carlyle’s Global Distressed & Corporate Opportunities group, which invests in debt and equity of financially distressed companies. Mr. Jackson joins from Deutsche Bank, where he was a Senior Analyst in the European Distressed Products Group. He is based in London.


Carlyle Strategic Partners leverages Carlyle’s buyout expertise and high yield capability and seeks to exert influence or obtain control in its investments when possible and appropriate. CSP invests in the secondary trading markets as well as on a structured and private equity basis. Brett Wyard, Managing Director and a Co-head of Carlyle Strategic Partners, said, "Ian’s experience and track record in identifying distressed opportunities in Europe and the numerous contacts he has developed over the last decade will prove a major advantage as we deploy our latest $1.35 billion fund, Carlyle Strategic Partners II."


Raymond Whiteman, Managing Director and Co- head of CSP, said, "We are delighted to welcome Ian to the team. The current economic environment will create many attractive opportunities in Europe and Ian’s local presence will enable us to significantly enhance our pipeline of potential investments.”


Prior to joining Carlyle, Mr Jackson was a senior analyst working for Deutsche Bank’s European Distressed Products Group in London, investing across the capital structure from senior secured debt to equity, liquidations, refinancings, private equity and special situations. Mr Jackson previously spent five years working for Deutsche Bank’s Japanese Distressed Products Group in Tokyo acquiring non-performing loan portfolios and trading Yen-denominated corporate bonds into US/European clients.

Mr. Jackson said, "I welcome this opportunity to help grow Carlyle’s distressed investment activities in Europe. The team has a fantastic track record with award-winning investments such as that in Stellex Aerostructures. The conditions are right for building on that record with some excellent investments in Europe."