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Posted at 4:13 PM ET, 02/14/2011

Carlyle Group Names Chief Financial Officer

By Thomas Heath

Adena T. Friedman, chief financial officer at NASDAQ OMX Group, Inc., has been named the new chief financial officer of the Carlyle Group, Carlyle announced Monday.

Friedman, 41, takes over from Carlyle Managing Director Glenn Youngkin, who served as interim CFO since Pete Nachtwey stepped down from the job in December to join Legg Mason.

Friedman will join the firm March 28 and will work out of Carlyle's Washington headquarters. She will play a critical role in guiding the private equity giant toward its highly anticipated initial public offering, which may come late this year. Youngkin continues as chairman of the Carlyle Operating Committee.

Friedman joined NASDAQ in 1993, where she served as executive vice president of corporate strategy and NASDAQ Data Products in addition to chief financial officer.

She earned a bachelor's degree from Williams College and earned a master's in business from Vanderbilt University.

By Thomas Heath  | February 14, 2011; 4:13 PM ET
 
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