Carlyle’s Sandra Horbach Taking Chair Role at Key Buyout Arm

  • Horbach stepping away as co-head of Americas corporate PE
  • That team has had other high-profile executive changes
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Sandra Horbach, one of Wall Street’s most prominent women, is ceding day-to-day leadership atop a major Carlyle Group Inc. private equity arm.

She’ll step away as co-head of Americas corporate private equity and become chair of that arm instead, the firm said Wednesday in a statement. The alternative investing giant is elevating Stephen Wise, the firm’s head of health care, to become co-head of the business alongside Carlyle veteran Brian Bernasek.