Carlyle names CSP Associates co-founder Peter Malone 25th operating executive

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fighter-jet_sqGlobal alternative asset manager The Carlyle Group has hired CSP Associates co-founder Peter Malone as an operating executive for its aerospace, defense and government services(ADGS)  group.

Malone becomes the firm’s 25th operating executive providing strategic guidance to the firms investment professionals, from sourcing new acquisitions through to exits.

Carlyle managing director Adam Palmer, the head of the ADGS group, said, “We are pleased to welcome Peter to the Carlyle team following a remarkable career at CSP Associates, during which he advised Carlyle on a number of our aerospace and defense transactions over the last twenty years.

“We believe Peter’s depth and scope of strategic and business experience in the aerospace and defense arena will help us to create value in our existing portfolio and to make new promising investments.”

The ADGS group has led Carlyle’s acquisition of companies including United Defense, Avio, SpA, Vought Aircraft, ARINC, Booz Allen and Wesco.

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