Avik Dey will be joining Carlyle Group as co-head of Carlyle International Energy Partners this summer, said spokeswoman Brittany Berliner.
Mr. Dey since June 2021 had been a senior vice president and chief financial officer at NOVA Chemicals Corp., a company that develops and manufactures chemicals and plastic resins. Before that he had been a managing director and head of energy and resources at the C$550.4 billion ($426.3 billion) Canada Pension Plan Investment Board, Toronto. Mr. Dey specializes in decarbonization of traditional energy companies, Ms. Berliner said.
Carlyle executives are also in the process of restructuring Carlyle International Energy Partners to combine it with its global infrastructure business and invest in the energy transition across traditional and renewable energy, as well as infrastructure.
CIEP will now be part of Carlyle's global infrastructure business. Effective immediately, Macky Tall, chairman of Carlyle's infrastructure business, will expand his role to include oversight of the international energy partners strategy and be responsible for defining and implementing the energy transition investment strategy across its infrastructure and energy business.
Bob Maguire, a managing partner in Carlyle's energy business, will co-head Carlyle International Energy Partners alongside Mr. Dey. Messrs. Dey and Maguire are replacing Marcel van Poecke, who had headed CIEP and is now vice chairman of the group.
Pooja Goyal will remain a partner and CIO of Carlyle Global Infrastructure, co-head of the Carlyle Global Infrastructure Opportunity Fund and head of renewable and sustainable energy.
Carlyle has already invested in the energy transition, including its investment in January in community-scale clean energy developer NineDot Energy.
The newly integrated business will have $13 billion in assets under management made up of Carlyle International Energy Partners' $8 billion in AUM and $5 billion global infrastructure assets.
