The Carlyle Group has named interim chief financial officer Curtis Buser as its permanent CFO, according to a statement.
Buser became interim CFO in May, after Adena Friedman resigned to become president of the Nasdaq OMX Group, which operates the stock exchange.
Buser has served as Carlyle’s chief accounting officer for 10 years. Previously, he was partner at Ernst & Young for two years and a partner at Arhur Andersen for 17 years, according to his LinkedIn profile.
He will assume his permanent role immediately, the statement disclosed.
Carlyle invests in secondaries through its fund of fund arm AlpInvest Partners and real estate platform Metropolitan Real Estate Management, which are part of the firm’s solutions group.
AlpInvest is investing its latest secondaries fund known as Main Fund V – Secondary Investments, which launched in 2011 and initially raised $4.2 billion. The programme has since grown to $4.8 billion and was generating a 30 percent net internal rate of return as of October.
Metropolitan is in market with its first dedicated real estate secondaries and co-investment fund, Metropolitan Real Estate Partners Secondaries and Co-Investments Fund. The fund held an interim closing on $70 million in November, toward its $450 million target.