The Carlyle Group has hired Doug McNeely, a top Black executive from BlackRock, to work with its major clients on pension funds and endowments.
Bloomberg reports McNeely will join the Carlyle Group later this year as a partner and his move reflects the private equity industry’s growing influence amid a fight for diverse talent. At BlackRock, McNeely managed some of the firm’s most important clients and worked with pensions from Connecticut to California.