Carlyle Appoints New U.S. Buyout Co-Head

The Carlyle Group has appointed Peter J. Clare as co-head of the U.S. Buyout group. Mr. Clare has been with Carlyle since 1992, most recently serving as deputy head of the U.S. Buyout group and head of the Aerospace and Defense sector team. He is being succeeded as head of the Aerospace and Defense sector team by Adam J. Palmer, who joined the firm in 1996.