The Carlyle Group has named investment banking veteran and chairman of Australia’s Foreign Investment Review Board, Brian Wilson, as a senior advisor to its Asia buyout team, the firm said in a statement.
Wilson, who has more than 30 years of financial markets experience, will be based in Australia to advise the Asia buyout team on investment decisions, support on investment due diligence, and serve on portfolio company boards.
Along with heading Australia’s Foreign Investment Review Board, Wilson is also the chancellor of University of Technology Sydney, a non-executive director of Bell Financial Group, and a member of the Payments System Board of the Reserve Bank of Australia
Earlier in his career, he was a managing director of Lazard and co-founded the firm’s Australian operations in 2004. He also previously served as vice chairman of Citigroup Australia.
“Carlyle has a long history of investing in Asia and we have built a large team with deep investment and operational experience across the region and industry sectors,” XD Yang, managing director and co-head of the Carlyle Asia buyout team said. “Brian will be a great resource for our team as we continue to bring investment insights, financial resources as well as operational expertise to support the growth of the companies in the region.”
Carlyle’s Asia buyout team has raised around $9 billion for buyout and control investments in China, India, Korea, south-east Asia, and Australia, and close to $2 billion in eight transactions in Australia as of June 2016.
Carlyle had earlier appointed in June former Johnson & Johnson China chairman Jesse Wu as senior advisor.