Carlyle promotes deputy CFO

Lauren Dillard will become head of the buyout giant’s Investment Solutions group, replacing Jacques Chappuis.

The Carlyle Group is promoting Lauren Dillard, a global partner and managing director, to lead its Investment Solutions group, replacing Jacques Chappuis. Dillard currently serves as the chief financial officer and chief operating officer of the business segment, which includes AlpInvest Partners and Metropolitan Real Estate.

Dillard, a 14-year Carlyle veteran, will also become a member of the management committee. Before joining Investment Solutions in 2013, Dillard built and led the global tax and equity departments at Carlyle and worked on a number of firm transactions, including its initial public offering. Prior to joining Carlyle in 2002, she served in the tax practice of Arthur Andersen.

Chappuis will become a Carlyle senior advisor. He joined Carlyle in February 2013 as managing director and head of Investment Solutions from Morgan Stanley where he served as president of Alternative Investment Partners. During his tenure at Carlyle, he oversaw part of the acquisition of AlpInvest and the acquisition of Metropolitan.

Investment Solutions is one of Carlyle’s four business segments and is made of three business units: AplInvest, a provider of global private equity programs and related co-investment and secondaries activities; Metropolitan Real Estate, a provider of real estate programs, co-investment and secondaries; and DGAM, a provider of liquid market solutions.