Key Points
(Bloomberg) -- Carlyle Group Inc.s direct-lending chief Aren LeeKong is leaving the firm, according to a memo seen by Bloomberg..
LeeKong, who resigned to pursue new opportunities professionally, according to the memo, also served as vice chairman of global credit, chief executive officer of business development companies and was a member of the private investment committee..
He was appointed to run the BDCs in September 2022, succeeding Linda Pace, as Carlyle reshuffled the leadership team of its global credit division..
Justin Plouffe, deputy chief investment officer for global credit, will take over direct lending and BDCs, according to the memo, which confirmed an earlier Bloomberg report on the departure..
Chief Executive Officer Harvey Schwartz, who took over in February 2023, has made several leadership appointments since taking the top job as he seeks to ensure steady growth and boost the firms flagging stock price..
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