Peter Nachtwey, formerly a senior partner with financial advisory firm Deloitte & Touche, has replaced John Harris as chief financial officer for The Carlyle Group.
Carlyle began searching for a new CFO a couple of months ago, when Harris, Carlyle’s CFO for a decade, announced his intent to retire and pursue some personal goals, said Carlyle spokesperson Christopher Ullman.
Nachtwey began his new role at Carlyle last Monday; he is responsible for the firm’s investor reporting, internal controls and financial management.
“He’s a private equity expert and he’s a good addition,” Ullman said.
Prior to joining Carlyle, Nachtwey was Deloitte & Touche’s lead partner on work relating to one of the firm’s largest private equity clients – The Blackstone Group, according to the Financial Times – and was the Northeast regional managing partner for the investment management sector.
Harris will continue his relationship with Carlyle, serving as a senior advisor to the Washington, DC-headquartered private equity firm.
“He will certainly be here indefinitely as senior advisor, and will be helping Pete get acclimatised,” Ullman said.