Carlyle Names First Woman as Co-Leader of Buyout Arm


Sandra J. Horbach will be promoted from managing director. CreditYana Paskova for The New York Times

Early in her career, Sandra J. Horbach earned the distinction of being the first woman to be named a partner at a major American private equity firm when she ascended to that role at Forstmann Little & Company.

 Twenty-four years later, Ms. Horbach has broken through another barrier at an even bigger investment giant.
The Carlyle Group plans to announce on Thursday that it has appointed Ms. Horbach one of two co-heads of its main United States buyout arm, a sprawling business with nearly $40 billion in capital under management…
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