NEW YORK (Reuters) - William Conway, Carlyle
Group's co-founder and chief investment officer, is to
reassume leading the firm's buyout unit as Daniel Akerson exits
to take the reins at car company General Motors Co's .
Conway held the role as global head of the buyout unit
since Carlyle was established in 1987 until 2009 when Akerson
was appointed to the job.
Conway will remain Carlyle's chief investment officer as
well as leading the buyouts unit for the company, one of the
world's largest private equity firms, which is based in
Washington, D.C., Carlyle said.
One of the three partners who founded Carlyle in 1987,
Conway was senior vice president and chief financial officer of
MCI Communications before starting Carlyle.
The other two founders are David Rubenstein, the public
face of the company and Daniel d'Aniello, who overseas real
estate, energy investing and is the chief operating officer of
Akerson, who had been involved with some of the firm's
biggest deals including buyouts of energy firm Kinder Morgan
and media company Nielsen, is leaving to be CEO of General
Prior to leading global buyouts, Akerson was co-head of the
U.S. buyout group, a position he assumed in November 2003 with
When Akerson became global head of buyouts in 2009, Holt
became sole head of U.S. buyouts.
"Dan Akerson is one of the most exceptional executives in
the country and will serve both GM's interests and our national
interest well," said Conway in an emailed statement. "He has
played an incredibly valuable role at Carlyle. We will miss
(Reporting by Megan Davies; editing by Leslie Gevirtz)