By Mary Romano
Harvey Schwartz, CEO of Carlyle Group, said in a February presentation to investors and analysts that the private-equity firm plans to raise $200 billion in new capital within three years. Carlyle wants to attract money not from big acquisitions, but from wealthy investors who are ploughing more into private markets.
One of the executives helping Carlyle with its goals is Lindsay LoBue, partner and chief operating officer of the firm, which has $477 billion in assets under management. She reports directly to Schwartz and is a key architect of Carlyle's strategy and operating model. Since 2023, the company's global wealth business has increased inflows tenfold to $3 billion a quarter, with a 245% increase in assets under management.
"I'm somebody who brings everybody together and ultimately drives what's best for the firm," says LoBue, 51. "That's our people, our technology, and really delivering for our shareholders and our investors."
Schwartz and LoBue worked together at Goldman Sachs Group, and he brought her to Carlyle in February 2024. "As COO, she has brought fresh energy and vision, redefining the role to focus on breaking down silos and ensuring every part of the firm works together seamlessly," Schwartz says.
Write to Mary Romano at mary.romano@barrons.com
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(END) Dow Jones Newswires
March 13, 2026 11:00 ET (15:00 GMT)
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