Key Takeaways
- • Alexander Simoes is leaving Apollo Global Management to join Carlyle Group Inc.'s credit business, according to people with knowledge of the matter cited by Bloomberg.
- • Simoes will serve as a managing director on Carlyle's direct lending origination team, per Bloomberg.
- • The move is described as the latest private credit-related hire, signaling continued talent competition among large alternative asset managers in direct lending.
Summary
Alexander Simoes is joining Carlyle Group Inc.'s credit business, according to people with knowledge of the matter cited by Bloomberg. He will be a managing director on Carlyle's direct lending origination team, one of the people said, speaking on condition of anonymity because the matter is private.
The reported move takes Simoes from Apollo Global Management, where he was part of the firm's credit platform, to a origination-focused role at Carlyle. Bloomberg characterized the hire as the latest private credit-related personnel move, reflecting ongoing competition among large alternative asset managers to build and retain direct lending teams. Origination professionals are central to deal sourcing and underwriting in direct lending, making such hires relevant to allocators tracking manager capacity in the segment.
The available reporting does not include details on compensation, the size of the direct lending platform Simoes will support, or the specific deal pipeline he will oversee. Further information on the scope of the role may emerge in subsequent coverage.
The reported move takes Simoes from Apollo Global Management, where he was part of the firm's credit platform, to a origination-focused role at Carlyle. Bloomberg characterized the hire as the latest private credit-related personnel move, reflecting ongoing competition among large alternative asset managers to build and retain direct lending teams. Origination professionals are central to deal sourcing and underwriting in direct lending, making such hires relevant to allocators tracking manager capacity in the segment.
The available reporting does not include details on compensation, the size of the direct lending platform Simoes will support, or the specific deal pipeline he will oversee. Further information on the scope of the role may emerge in subsequent coverage.
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