Wednesday, February 17, 2016

Carlyle Group Engages Renee James


A Carlyle Group press release announced the hiring of yet another insider with input into government strategy in the telecom, media and security arena:

Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced that Renée James, former President of Intel Corporation, will be engaged as an Operating Executive by the global Telecommunications, Media and Technology (TMT) sector team. She begins her duties on February 29th.

As an Operating Executive, Ms. James will advise the Carlyle team on industry and operational due diligence for potential investments and may serve on boards of Carlyle portfolio companies in her area of expertise.
Ms. James will work out of Carlyle's Silicon Valley office.  Their new hire serves on President Obama's National Security Telecommunications Advisory Committee.  Luck for her the NSTAC's May meeting is in Silicon Valley and the November meeting will be in Washington, D.C., Carlyle's home base.

The government touts the NSTAC on their website:
Throughout the NSTAC’s history, five key themes continue to emerge as their major areas of focus:
  • Strengthening national security
  • Enhancing cybersecurity
  • Maintaining the global communications infrastructure
  • Assuring communications for disaster response
  • Addressing critical infrastructure interdependencies and dependencies
Carlyle intends to make money from reading the tea leaves and investing a portion of its huge stash of dry powder in the Security Telecom arena.  With Ms. James they'll have a tea maker on the inside.