The Carlyle Group, one of the world's top Global Alternative Asset Managers, has announced the addition of three Carlyle executives to the company's Management Committee. To be added are Managing Director and Head of Global Market Strategy Mitch Petrick, Managing Director and Head of Global External Affairs David Marchick and Managing Director and head of Fund Investors Relations Michael Arpey. They will be additions to the committee which consists the three original incorporators, the Group COO, Group CFO and the General Counsel on the Committee.

Carlyle Chairman Daniel A. D'Aniello said in a statement "This move reflects the scope and depth of the talent at Carlyle. While Bill, David and I are as active as ever, we welcome their enhanced participation in the management of the firm. Mike, Mitch and Dave are keen strategic thinkers and have already contributed greatly to the firm in their roles on the Operating Committee, which advises the Management Committee."

As of December 31, 2012, it was reported that The Carlyle Group has $170 billion of assets under the supervision across 113 funds and 67 fund of fund vehicles.