American giant Carlyle appoints Romanian in key position

Carlyle Group, one of the largest private equity managers worldwide, has made the first step towards entering the local market by appointing a Romanian, Dan Farcasanu, in a key position for investments in Eastern Europe. According to the company’s managers, Farcasanu is a senior associate with Carlyle’s Central and Eastern Europe Buyout fund. With assets worth 80 billion dollars and 60 investment funds under management, American group Carlyle has so far invested in over 20 countries throughout the world, and is expected to enter the Romanian market as well. Dan Farcasanu is the first Romanian in Carlyle’s almost 600-people team. Farcasanu is in charge of identifying investment opportunities in Central and Eastern Europe. His previous job was with Global Finance, a Greek private equity company, present on the local market for over ten years, where he worked as investment manager for Romania.