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Exhibit 99.1

Press Release – FOR IMMEDIATE RELEASE

Carlyle Announces Senior Leadership Appointments

July 28, 2025

John Redett, Mark Jenkins, and Jeff Nedelman to become Co-Presidents of Carlyle

Justin Plouffe to succeed John Redett as Chief Financial Officer of Carlyle

Michael Wand to become Head of EMEA Investments of Carlyle

Admiral James Stavridis, former Supreme Allied Commander at NATO, to become Vice Chairman of Carlyle

WASHINGTON, DC and NEW YORK, NY – July 28, 2025 – Global investment firm Carlyle (NASDAQ: CG)

today announced key senior leadership appointments, effective January 1, 2026. These appointments solidify the

firm’s ability to operate at scale, with the focus, alignment, and agility required to lead in today’s competitive

environment and to consistently deliver exceptional investment outcomes for clients.

John Redett, Mark Jenkins, and Jeff Nedelman will become Co-Presidents of Carlyle. In these newly created roles,

they will work closely with Carlyle CEO, Harvey Schwartz, to advance the firm’s strategic priorities, drive

investment performance, and deliver for clients and stakeholders around the world. Michael Wand will become

Head of EMEA Investments, responsible for all investment activity in EMEA.  He will work in partnership with the

Co-Presidents to reinforce Carlyle’s growth ambitions and strategic focus in the region.

In addition, Redett will lead the firm’s Global Private Equity business, overseeing Corporate Private Equity and

Real Assets. Jenkins will lead the firm’s Global Credit and Insurance business, and Nedelman will continue to lead

the firm’s Global Client Business, overseeing commercial initiatives and strengthening strategic client partnerships

worldwide.

In connection with these appointments, Carlyle also announced today that Justin Plouffe will become Chief

Financial Officer of Carlyle. Justin brings extensive institutional experience and financial acumen, most recently

serving as Deputy Chief Investment Officer for Carlyle Global Credit. He has been with Carlyle for more than 18

years. Justin will succeed John Redett, who will continue serving as Chief Financial Officer through year-end 2025

to ensure a seamless transition.

Admiral James Stavridis, USN, Ret, currently Vice Chair of Global Affairs for Carlyle and former Supreme Allied

Commander at NATO, will become Vice Chairman of Carlyle. In this expanded role, Admiral Stavridis will

continue to advance Carlyle’s strategic initiatives, providing a unique global perspective and deepening the firm’s

engagement on investment and geopolitical matters globally.

“These appointments reflect Carlyle’s continued evolution and our commitment to delivering exceptional results for

our clients,” said Harvey Schwartz, Carlyle’s CEO. “These individuals, all Carlyle veterans, are proven leaders

whose deep expertise and extensive experience will drive our next phase of growth. I look forward to partnering

closely with them, together with Lindsay LoBue, our Chief Operating Officer, as we execute our strategy and

deliver significant value to our investors and stakeholders around the world.”

John Redett

John Redett is the Chief Financial Officer and Head of Corporate Strategy at Carlyle and is a member of the

Leadership Committee. He is based in New York. Effective January 1, 2026, Mr. Redett will become Co-President

of Carlyle and will lead the Global Private Equity business, overseeing Corporate Private Equity and Real Assets. 

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Mr. Redett joined Carlyle in 2007 as an investor on the Global Financial Services team. He has served as Chief

Financial Officer and Head of Corporate Strategy since October 2023. Previously, he was the Head of Global

Financial Services from 2020 to September 2023 and the Co-Head of Global Financial Services from 2016 to 2020.

Mr. Redett is a 25-year veteran of the financial services industry and has been deeply involved in the operations and

management of many financial services businesses during his career. He has led or been a key contributor to some

of Carlyle’s significant investments across various subsectors of financial services, including Duff & Phelps, TCW,

BankUnited, Hilb Group, EPIC, DBRS, Central Pacific Bank, CFGI, PIB Group, and JenCap. He currently serves

on the boards of directors for Hilb Group and NSM Insurance Group.

Prior to joining Carlyle, Mr. Redett worked at Goldman Sachs from 2005 to 2007, and at JP Morgan from 2000 to

2005.

Mr. Redett received a BS from the University of Colorado and an MBA from New York University.

Mark Jenkins

Mark Jenkins is the Head of Global Credit at Carlyle and is a member of the Leadership Committee. He is based in

New York. Effective January 1, 2026, Mr. Jenkins will become Co-President of Carlyle and will lead the Global

Credit and Insurance business.

Mr. Jenkins joined Carlyle in 2016. Prior to joining Carlyle, Mr. Jenkins was a Senior Managing Director at CPPIB

and led the Global Private Investment group. He was Chair of the Credit Investment Committee, Chair of the

Private Investments Committee and also managed the Portfolio Value Creation group. While at CPPIB, Mr. Jenkins

founded CPPIB Credit Investments, a multi-strategy platform making direct principal credit investments. He also

led CPPIB’s acquisition and oversight of Antares Capital and the subsequent expansion in middle market lending.

Prior to CPPIB, he was Managing Director, Co-Head of Leveraged Finance Origination and Execution for Barclays

Capital in New York. Before Barclays, Mr. Jenkins worked for 11 years at Goldman Sachs in senior positions

within the Fixed Income and Financing groups in New York. Mr. Jenkins is member of the Board of Directors of

Fortitude Re. Mr. Jenkins previously served on the Boards of Directors of Wilton Re, Teine Energy, Antares

Capital, Merchant Capital Solutions, Carlyle Secured Lending, Inc., Carlyle Credit Solutions, Inc., and Carlyle

Secured Lending III.

Mr. Jenkins earned a B.Comm degree from Queen’s University.

Jeff Nedelman

Jeff Nedelman is the Global Head of Client Business at Carlyle and is a member of the Leadership Committee and

New Products Committee. He is based in New York. Effective January 1, 2026, Mr. Nedelman will become Co-

President of Carlyle and will continue to lead the Global Client Business. 

As Global Head of Client Business, Mr. Nedelman leads the global investor relations team and oversees global

distribution across the firm’s three business segments, with a focus on both the institutional and global wealth

channels.

Mr. Nedelman joined Carlyle in 2023.  Prior to joining Carlyle, he was a Partner and Senior Managing Director at

Certares from 2020 to 2023. At Certares, he was a member of the Investment Committee and the Management

Committee of Certares Management LLC, as well as a member of the Investment Committee and the Management

Committee of the CK Opportunities Fund.  Before Certares, Mr. Nedelman spent over 25 years at Goldman Sachs,

most recently as the Co-Chief Operating Officer of Global Equities, where he played a lead role expanding the

firm’s financing and execution products and services. He was a member of the Firmwide Client and Business

Standards Committee and the Securities Division Executive Committee. Previously, he was Global Head of Prime

Services, which included the Prime Brokerage, Clearing (GSEC), and Futures businesses. Prior to that, he was the

Head of Americas Equity Sales.

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Mr. Nedelman received a BA from UC Berkeley and an MBA from the Kellogg School of Management at

Northwestern University.

Justin Plouffe

Justin Plouffe is the Deputy Chief Investment Officer for Global Credit at Carlyle and is a member of the Risk

Committee and Capital Markets Oversight Committee. He is based in New York. Effective January 1, 2026, Mr.

Plouffe will become Chief Financial Officer of Carlyle.

Mr. Plouffe joined Carlyle in 2007 and focuses on investing across Carlyle’s credit strategies and driving growth

initiatives for the Global Credit platform. He is a Portfolio Manager for several cross-platform credit strategies,

including Carlyle Tactical Private Credit Fund (“CTAC”), and serves on various Global Credit investment

committees. In addition to his investing duties, he also serves as President and Chief Executive Officer of Carlyle’s

affiliated Business Development Companies, Carlyle Secured Lending, Inc. (“CSL”) and Carlyle Credit Solutions,

Inc. (“CARS”) and as Chief Executive Officer of TCG Capital Markets L.L.C., Carlyle’s SEC-registered broker/

dealer affiliate. He currently serves on the boards of directors of CTAC, CSL, and CARS and previously served on

the board of directors of Carlyle Secured Lending III.

Mr. Plouffe has overseen CLO new issuance, led acquisitions of corporate credit management platforms, served as a

portfolio manager for structured credit investments, developed proprietary portfolio management analytics, and

negotiated a wide variety of financing facilities.

Prior to joining Carlyle, Mr. Plouffe was an attorney at Ropes & Gray LLP. He also has served as a Clerk on the

U.S. Court of Appeals for the First Circuit and as a Legislative Assistant to a U.S. Congressman.

Mr. Plouffe received his undergraduate degree from Princeton University and a JD from Columbia Law School,

where he was an editor of The Columbia Law Review. He is a CFA Charterholder and holds Series 7, 24, 57, 63,

79, and 99 licenses.

Michael Wand

Michael Wand is the Head of Europe Private Equity at Carlyle and oversees the firm’s Corporate Private Equity

platform in the region. He is based in London. Effective January 1, 2026, Mr. Wand will become Head of EMEA

Investments at Carlyle.

Mr. Wand joined Carlyle in 2001 and has led numerous technology investments, notably P&I AG, FRS Global,

UC4/Automic, Foundry, eggplant, SER Group, and DEPT, and advised on more than a dozen completed

realizations. He currently is a member of the boards of directors of Shopware, HSO, DEPT, Disguise, LiveU,

Incubeta, and SNP AG.

Prior to joining Carlyle, Mr. Wand worked for approximately 10 years in investment banking, the last seven years

of which were in the technology sector. As a Managing Director, he was responsible for the European software and

Internet research team at Deutsche Bank in London. Prior to that, he worked as a European Software Analyst for

Paribas in London and BHF-Bank in Frankfurt, Germany. During his banking career, Mr. Wand was the

underwriting analyst for European technology innovators such as SAP, Autonomy, SurfControl, Utimaco, and

nCipher.

Mr. Wand received a BA from the University of Mannheim and an MBA from the University of Mannheim and The

University of Texas at Austin.

Admiral James Stavridis

Admiral James Stavridis, USN, Ret, is Vice Chair, Global Affairs and a Partner with a focus on international

activities and global strategy at Carlyle. He is based in Washington DC. Effective January 1, 2026, Admiral

Stavridis will become Vice Chairman of Carlyle.

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Admiral Stavridis joined Carlyle in 2018. Prior to joining Carlyle, he served as the 16th Supreme Allied

Commander at NATO, with responsibility for Afghanistan, Iraq, Syria, the Balkans, counter-piracy off Africa, the

Arctic, and cybersecurity. Prior to that, he was Commander of US Southern Command, with responsibility for all

military activity in Latin America and the Caribbean. Following his 37 years in the military, he served as the 12th

Dean of The Fletcher School of Law and Diplomacy at Tufts University for five years. He is the 12th Chair of the

Board of the Rockefeller Foundation, a Bloomberg Opinion weekly columnist, and Senior Military Analyst for

CNN.

Admiral Stavridis holds a PhD and Masters of Arts in Law and Diplomacy from Tufts University.  He is a graduate

of the U.S. Naval Academy and the National War College. 

About Carlyle

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across

three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With $453 billion of assets

under management as of March 31, 2025, Carlyle’s purpose is to invest wisely and create value on behalf of its

investors, portfolio companies, and the communities in which we live and invest. Carlyle employs more than 2,300

people in 29 offices across four continents. Further information is available at www.carlyle.com. Follow Carlyle on

X @OneCarlyle and LinkedIn at The Carlyle Group.

Media

Brittany Bensaull

+1 (212) 813-4839

brittany.bensaull@carlyle.com

Public Market Investor Relations

Daniel Harris

+1 (212) 813-4527

daniel.harris@carlyle.com

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