US private equity giant Carlyle reshuffles its top team in Europe
US private equity firm Carlyle has shaken up its executive team in Europe.
One of its most senior female executives Zeina Bain left the private equity player on Friday and is joining UK fund manager ICG, the Financial Times reported.
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Bain was at Carlyle for nearly 19 years and last year played a key role in its €10.1bn (£8.6bn) takeover of Akzo Nobel’s speciality chemicals business, one of the largest deals in Europe last year.
A Carlyle spokesperson said: “Zeina is leaving the firm to take up a new opportunity and we wish her well in her new role.” ICG did not respond to requests for comment.
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Other recent changes include the appointment of Andrew Burgess, formerly a managing director of its European fund, as a senior adviser.
Fraser Robson and Shaun Mercer will take over his responsibility for the UK market.
In May Carlyle acquired the Crosspoint building on Liverpool Street from Lord Alan Sugar's property group Amsprop for £43m.
The 41,000 square foot (sq ft), nine-storey office building has 360 degree views over the City skyline and includes two roof terrace gardens.