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Technology Veteran Daniel Akerson To Join The Carlyle Group as Managing Director; Will Focus on Buyout and Venture Investments in North America.

Publication: Business Wire
Publication Date: 27-FEB-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Business Editors

WASHINGTON--(BUSINESS WIRE)--Feb. 27, 2003

Global private equity firm The Carlyle Group today announced that former XO Communications Chairman Daniel F. Akerson will join the firm as a managing director on March 3, 2003.

Mr. Akerson will focus on buyout and venture investment opportunities in North America with an emphasis on technology. He will be based in Carlyle's Washington, DC headquarters.

Carlyle managing director and co-founder Daniel A. D'Aniello said, "Dan is a superb addition to the firm. His decades of operational and investment experience across both corporate and private equity platforms will...

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