Global investment firm The Carlyle Group has appointed investment banking veteran Norbert Reis as a managing director in its European buyout team, according to a statement.
Reis joins a nine-strong team of managing directors in Carlyle Europe Partners. He will primarily invest in Germany and Austria alongside fellow managing director Gregor Böhm.
Reis joins from global bank Credit Suisse, where he was vice chairman of investment banking. He also served as co-head of Credit Suisse’s European mergers and acquisitions department as well as of the firm’s German investment banking business.
Reis has worked on deals such as pharmaceutical group Linde’s disposal of Kion to Kohlberg Kravis Roberts and Goldman Sachs, as well as the buyout, follow-on acquisition and sale of Sulo for Apax Partners and The Blackstone Group.
Jean-Pierre Millet, managing director and head of Carlyle Europe Partners, said the firm’s first two European funds have been top quartile and top decile performers because of the abilities of its investment team. Reis’ involvement will strengthen the team as it looks to invest its third fund which closed on €5.35 billion ($7.94 billion) in September, he said.