Carlyle appoints new Australia, New Zealand buyout head - update

Based in Sydney, Bluff joined Carlyle in 2008 from SABMiller where he was responsible for acquisitions in Europe and the Americas. The promotion - which comes into effect at the end of the month - coincides with the impending departure of Simon Moore, a managing director with the buyout team in Sydney. Moore is due to leave at the end of the year but has already scaled back his day-to-day involvement.

During his time with the private equity firm, Bluff has participated in transactions such as Healthscope, Qube Holdings and Coates Hire. While Qube and Coates remain in the portfolio, Healthscope was re-listed in 2014 and Carlyle and co-investor TPG Capital sold the remainder of their shares in late 2015.

"Australasia is an important market for Carlyle and we expect to increase our rate of investment going forward. In his role as managing director, David will lead the team in Australia to further expand our activities in this region," X.D. Yang, managing director and co-head of Carlyle's Asia buyout team, said in a statement.

Of the more than $16.7 billion Carlyle has invested across over 220 transactions in Asia Pacific, Australia accounts for eight deals and nearly $2 billion in equity. The firm is currently investing its fourth Asia buyout fund, which closed at $3.9 billion in September 2014.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Save this article  
• Send to  

• Topics
• Australasia
• People
• Buyout
• The Carlyle Group
• Australia
• New Zealand
• Appointments