The team is co-headed by managing directors Marlon Chigwende, former managing director & head of Private Equity Africa for Standard Chartered Bank, and Danie Jordaan, former Executive Committee member and partner of Ethos Private Equity.
The team also includes managing director Genevieve Sangudi, most recently a partner and managing director of Emerging Capital Partners.
Jordaan begins his duties immediately while Chigwende and Sangudi will begin in early May, said the company.
Carlyle managing director and vice chairman of Global Buyout Greg Summe said they are pleased to welcome Marlon, Danie and Genevieve to Carlyle.
"Carlyle’s SSA team comprises African nationals with deep market knowledge, broad networks across the continent and extensive experience in private equity transactions. The Africa team’s expertise should be a powerful combination with Carlyle’s deep industry experience and global platform," Summe said.
The Carlyle SSA team plans to make buyout and growth capital investments in private and public companies from offices in Johannesburg, South Africa, and Lagos, Nigeria.
Carlyle said its initial target industries include consumer goods, financial services, agriculture, infrastructure and energy.
