Mark Nahum, a fund placement specialist, has joined The Carlyle Group in London, where he will work as a director in the firm’s global fundraising team. He will report to Carlyle’s fundraiser in chief David Rubenstein.
Nahum joins from the Private Fund Group at Credit Suisse First Boston, where he worked since 1997. The group is currently the largest private equity fund placement operation in the world, servicing general partners across geographies and strategies.
While with CSFB, Nahum advised clients including The Blackstone Group, DLJ Merchant Banking, Apollo Management, Welsh Carson Anderson & Stowe, Advent International and Soros Equity Partners.
His arrival at Carlyle takes the headcount of that firm’s in-house fundraising team to ten professionals.
Under David Rubenstein’s leadership, Carlyle has built one of the most active and arguably most effective fundraising platforms in private equity. Since the firm’s inception in 1987, the group has raised approximately $18 billion in over 20 buyout, venture, real estate and energy funds.
Carlyle is currently raising a €2 billion European LBO fund and has just launched a €500 European leveraged finance fund in a move to expand its already existing €3 billion US loan and high yield bond business into Europe.
For CSFB’s funds group, it is the second departure in as many months. In June, Mark Hallock, a managing director, quit to join independent rival Helix Associates.