James Baker joins Ewing Management

A month after retiring as a senior advisor at The Carlyle Group, the former secretary of state has joined the Dallas-based private equity firm, founded by former Carlyle professionals, as a partner.

Former US secretary of state James Baker has joined Ewing Management Group, a Dallas-based private equity firm founded by Edward Ewing, the former chief executive officer of Carlyle Management Group, as an investment partner and senior advisor to the firm.


Baker, partner, Ewing Management

Baker, who served as a Cabinet member under President George H.W. Bush, had previously worked with The Carlyle Group, where he had been a senior advisor for more than 10 years. Baker retired from the Washington, DC-based private equity firm last month.

At the time that Baker announced his retirement from The Carlyle Group, Chris Ullman, a spokesman for the firm, noted that Baker had helped bring “credibility” to Carlyle as the firm made its push into foreign countries.

Baker will fulfill a similar role with Ewing Management. The firm, which has offices in Dallas and New York, has recently opened an office in Shanghai – a statement released by the company noted that “Baker will advise [Ewing] in the implementation of its strategic activities in China and throughout the region.”

Baker helped bring ’credibility’ to Carlyle .

At Carlyle, Baker was one of a number of high-profile officials, including Bush, former British Prime Minister John Major and former IBM chairman Louis Gerstner, who helped the firm shape its investments in industries related to government policy, including aerospace and defense. Baker was also instrumental in establishing contacts overseas, particularly in Asia, as The Carlyle Group expanded into a global powerhouse in the 1990s.

Founded in 2004, Ewing Management was formerly the Carlyle Management Group, an affiliate of The Carlyle Group. The firm specializes in turnaround and special situations private equity investments. It closed its debut fund on $1 billion in 2004.