Brad McCarthy Takes Helm as Carlyle's Head of Global Wealth for Asia Pacific
People | Jan 27, 2025 | The Carlyle Group
Global investment firm Carlyle has announced the appointment of Brad McCarthy as Managing Director and Head of Asia Pacific for Carlyle Global Wealth. In this role, McCarthy will focus on expanding Carlyle's wealth platform in the Asia Pacific region, particularly enhancing client offerings for high net-worth investors. He brings extensive experience from his previous position as Asia Pacific Head of Alternative Investment Sales at Citi Private Bank and Global Wealth. McCarthy will oversee institutional wealth channels in Australia and New Zealand and will be based in Singapore. Shane Clifford, Carlyle's Head of Global Wealth, highlighted the importance of Asia Pacific as a growth region for the firm and expressed confidence in McCarthy's ability to scale Carlyle's wealth management platforms. Carlyle, listed on NASDAQ, manages $447 billion in assets across various global investment solutions.
Sectors
- Private Equity
- Wealth Management
Geography
- Asia Pacific – The article discusses Carlyle's strategy for expanding its wealth management services across Asia Pacific.
- Singapore – Brad McCarthy is based in Singapore, which serves as a strategic location for Carlyle's operations in the region.
- Australia – Part of McCarthy's role is to oversee institutional wealth channels for Carlyle in Australia.
- New Zealand – Brad McCarthy will also manage Carlyle's institutional wealth channels in New Zealand.
Industry
- Private Equity – Carlyle is a private equity firm, which involves investing in companies and often restructuring them to increase value.
- Wealth Management – Brad McCarthy's role focuses on wealth management and expanding Carlyle's wealth services in the Asia Pacific region.
Financials
- $447 billion – The amount of assets under management by Carlyle as of September 30, 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Carlyle Group | Private Equity Firm | Company | Carlyle Group is a global investment firm managing assets across various investment segments. |
| Brad McCarthy | Head of Asia Pacific, Carlyle Global Wealth | Person | Recently appointed to lead Carlyle's wealth management expansion in Asia Pacific. |
| Shane Clifford | Head of Global Wealth at Carlyle | Person | Oversees Carlyle's global wealth strategy and leadership. |
| Citi Private Bank | Previous Employer of Brad McCarthy | Company | A division of Citi that provides wealth management services. |