The Carlyle Group has appointed managing director Sunil Kaul as head of Southeast Asia in its Asia buyout advisory team.
Carlyle has eight investment professionals dedicated to Southeast Asia with offices in Singapore and Jakarta. Kaul joined Carlyle in August 2008 and will continue to be based in Singapore, the firm said.
Kaul has nearly 30 years of experience across private equity, corporate and consumer banking.
Prior to joining Carlyle, he served as the president of Citibank Japan, covering the bank's corporate and retail banking operations. He concurrently served as the chairman of Citi's credit card and consumer finance companies in Japan. He was also a member of Citi's Global Management Committee and Global Consumer Planning Group.
The Asia buyout advisory team advises on control and significant minority investments in well established companies across the Asia Pacific region, ex-Japan.
As of June 30, 2015, Carlyle has invested approximately $15.4 billion of equity in the Asia Pacific region.
In September, the firm raised $1 billion for its third Japanese buyout fund, as reported by Private Equity International.