Neil Collins, global head of sales and marketing for The Carlyle Group’s solutions business has resigned, Secondaries Investor has learned.
Carlyle confirmed the departure and has begun the search for Collins’ replacement. The firm declined to comment on Collins’ future plans.
According to two sources with knowledge of the situation, Collins left to pursue a hedge fund opportunity in Connecticut.
Collins joined Carlyle’s New York office in January 2014. He led the sales and marketing efforts for the firm’s solutions group, which includes Metropolitan Real Estate Equity Management, fund of funds manager AlpInvest and hedge fund manager Diversified Global Asset Management.
Previously Collins was a managing director at UBS, where he led business development for the alternative investments group. He also worked at fund of funds manager Quellos Group, BlackRock Alternative Advisors and as a derivatives trader for O’Connor & Associates, according to Carlyle’s website.
Collins’ departure comes weeks after AlpInvest principal Wyley Scherr announced his decision to leave the firm. Scherr joined mid-market private equity firm Brynwood Partners last month, according to his LinkedIn profile.