Carlyle appoints new head for Asia Pacific operations

Carlyle appoints new head for Asia Pacific operations

Banking & Financial Services
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David M. Rubenstein, Co-Founder and Co-Chairman of the Board | The Carlyle Group

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Global investment firm Carlyle has announced the appointment of Brad McCarthy as Managing Director and Head of Asia Pacific for Carlyle Global Wealth. Based in Singapore, McCarthy will be responsible for expanding Carlyle's wealth platform across the Asia Pacific region. His focus will be on enhancing client offerings and broadening access for high net-worth investors to Carlyle’s global suite of private market products and solutions. Additionally, he will oversee the institutional wealth channel for Australia and New Zealand.

McCarthy brings over 25 years of experience in the wealth and asset management industry. Previously, he was with Citi Private Bank and Global Wealth as Managing Director and Asia Pacific Head of Alternative Investment Sales.

Shane Clifford, Head of Global Wealth at Carlyle, expressed enthusiasm about McCarthy's appointment: “We are delighted to welcome Brad to Carlyle as we continue to expand our wealth platform and enhance access for investors across Asia Pacific, an important growth region for us. With his extensive experience in scaling wealth management platforms and deep understanding of the evolving private markets landscape, Brad will play a key leadership role for us, as we look to further accelerate growth in the region.”

Brad McCarthy also shared his excitement about joining Carlyle: “I’m excited to join Carlyle’s fast-growing global wealth team in Asia Pacific, a region where the firm has a long-standing presence and strong brand recognition. I look forward to working with the team as we continue to focus on delivering global institutional-quality private markets investment solutions to wealth clients across the region.”

Before his tenure at Citi, McCarthy served as Head of Asia at Permal, focusing on growing its regional business as an alternative investment provider. He has also held roles at ABN AMRO Asset Management and BT Financial Group.

McCarthy holds a Bachelor of Business from Queensland University of Technology in Australia and is a Chartered Alternative Investment Analyst (CAIA).

Carlyle is a global investment firm managing $447 billion in assets across three segments: Global Private Equity, Global Credit, and Global Investment Solutions. The firm employs more than 2,300 people across 29 offices worldwide.

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