Return to search

Carlyle names new CFO

Adena Friedman is joining The Carlyle Group, replacing Peter Nachtwey who resigned in December to join Legg Mason.

The Carlyle Group has hired Adena Friedman as chief financial officer, managing director, and member of the operating committee. She will be based in Washington, DC and will start work on 28 March.

Friedman comes to Carlyle from NASDAQ OMX Group, where she was CFO and executive vice president for corporate strategy. She joined NASDAQ in 1993, where she served in several senior roles, including CFO, director of product management for several trading-related products and marketing manager.

In August 2009, Friedman assumed the role of CFO, responsible for all financial, tax, investor relations, risk management and investment matters.

Friedman replaces Peter Nachtwey, who left the firm in December to become CFO at asset management firm Legg Mason. Nachtwey was responsible for Carlyle's investor reporting, internal controls and financial management. He was appointed CFO in 2007, replacing John Harris, who held the position for 10 years before retiring.

Friedman is the latest among several recent Carlyle senior appointments, including: Mike Arpey, managing director for fund formation strategy, new investor products and investor relations coordination; Mitch Petrick, head of global credit alternatives and capital markets; and Rodney Cohen, head of the US equity opportunity team.