Carlyle taps Wachovia treasurer(2)

The global buyout giant continues its high-profile hiring spree with the addition of James Burr to its financial services unit, which is reportedly raising a fund targeting more than $1bn.

The Carlyle Group has hired Wachovia treasurer James Burr as a managing director in its growing financial services group.

Burr became Wachovia’s corporate treasurer in 2006 after working in various capacities for the beleaguered banking giant since 1992. He is slated to join Carlyle’s New York office on 1 August, where he will assist the firm in sourcing potential investments in the financial services sector.

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