One of the world’s largest investment firms looks to a Broad Spartan for guidance on tomorrow’s business.
Mark Blaufuss (BA Accounting ’90) recently joined the Carlyle Group as an operating executive consultant for its industrial and transportation team, according to the private equity firm. He will provide strategic guidance to Carlyle professionals throughout the investment process, and advise portfolio company executives on management, operations and growth strategies.
With $216 billion in assets now under management, Carlyle was ranked in 2018 as the world’s largest private equity firm measured by capital raised over the preceding five years, as rated in the Private Equity International PEI 300 index.
“I am excited for the opportunity to continue my long-standing relationship with Carlyle and work closely with a team for whom I have immense respect,” Blaufuss said in a prepared statement. “I look forward to leveraging my experience and expertise to drive value creation with Carlyle’s existing portfolio companies and new investments.”
Blaufuss is a member of the Department of Accounting & Information Systems External Advisory Board at the Eli Broad College of Business. Prior to joining Carlyle, Blaufuss was chief financial officer of Metaldyne Performance Group. While there, he shepherded its creation via the merger of three $1 billion companies.
He is also the managing director of Green & White Advisory LLC, a Michigan-based consulting firm; a co-chairman of the CFO Leadership Council’s Detroit chapter and a member of the board of UCI International, LLC, which services the vehicle replacement parts industry.
“Mark has deep experience across several industrial subsectors and a proven track record as a business executive, including experience at three previous Carlyle portfolio companies where he was instrumental in driving strategic growth and business improvement,” Brian Bernasek, Carlyle managing director and head of the Global Industrial & Transportation Group, said in a prepared statement.
“His perspectives, insights and operational expertise will be particularly valuable to our platform as we evaluate new investment opportunities and work with our portfolio companies to improve their operating performance,” Bernasek said in his statement.