Levitt joins Carlyle

Levitt joins Carlyle’s select group of special advisors from the Securities and Exchanges Commission.

Arthur Levitt has joined the Carlyle Group as a special private equity advisor.

Levitt was previously chairman of the Securities and Exchange Commission (SEC) in the US.

This is Levitt’s second appointment of late: he recently joined the board of financial news provider Bloomberg.

Carlyle has a number of high-profile associates. Among them are former prime minister John Major and former US secretary of state James Baker. Former US president George Bush has also figured for Carlyle when it was busy promoting its $702m European internet fund, Carlyle Internet Partners Europe.

Carlyle has about $13bn under management.