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| David McCann |
Carlyle Group today named David McCann managing director in Toronto, interim global head of investor relations, effective immediately. McCann succeeds Nathan Urquhart, who has decided to pursue other professional interests after a nearly four-year run.
Urquhart has agreed to stay on through the end of the year to ensure a smooth transition.
McCann joined Carlyle in 2014 from Credit Suisse Securities (Canada), where he was head of asset management distribution.
Interim CEO Bill Conway called McCann a seasoned and well-respected IR professional who has “cultivated deep relationships with some of our largest limited partners.”
He thanked Urquhart for his “exceptional contributions and dedication to the firm.
Conway, a co-founder of Carlyle, took the helm following the August 7 ouster of Kewsong Long.
The Financial Times reported that Lee quit after the board refused to discuss a $300M five-year pay package.
Carlyle appointed Lee and Glenn Youngkin co-CEOs in 2018. Lee took the helm in 2020 after Virginia elected Youngkin governor.
A search committee is looking for a replacement for Lee.
Kekst CNC’s Jeremy Fielding and Anntal Silver handled news surrounding Lee’s exit.
Carlyle Group has $376B assets under management.
Edelman handles Viking Holdings, the river and ocean luxury cruise line that plans to raise $1B via an IPO priced in the $21 to $25 per share range.
Teneo is handling the initial public offering of CVC Capital Partners, one of Europe’s largest private equity firms with nearly $200B in assets under management.
Brunswick Group represents Endeavor Group Holdings as it agrees to go private via its acquisition by Silver Lake technology investment firm, which is handled by Edelman Smithfield.
Tod Donhauser, a nine-year veteran of Edelman, has joined H/Advisors Abernathy as managing director and head of its San Francisco office.
Intelligent Group Ltd, a Hong Kong-based financial PR firm, has priced its initial public offering of 1.9M shares at $4, which is the low end of the $4 to $5 range.
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