Ex-FCC Chairman Julius Genachowski will become a partner...
Ex-FCC Chairman Julius Genachowski will become a partner in Carlyle Group’s U.S. buyout team, said the private equity firm in a news release Monday. He will be a managing partner and will focus on investments in global technology, media and telecom, the firm said. Genachowski joined the firm Monday, and will be based in its D.C. office. Genachowski’s “deep industry specialization” and experience in the telecom sector will be “invaluable” to the firm, said Pete Clare, co-head of the U.S. buyout team. Genachowski follows in the footsteps of former FCC Chairman Bill Kennard, who was managing director at Carlyle before becoming U.S. ambassador to the EU.