The Carlyle Group has promoted Bruce Steen to Principal/Director of Sub-Saharan Africa Fund, based in Johannesburg, and Stephen Guillette to Partner, Emerging Markets, based in New York.

Steen is advising on Pan-African buyout opportunities.

The Carlyle Africa team engages in buyouts and strategic minority investments in partnership with experienced management teams throughout Sub-Saharan Africa.

Prior to joining Carlyle, Steen was a Senior Associate at 31 and worked in their UK private equity team.
While at 31 he completed a range of deals in the Services, Consumer and Industrial space.

Steen received a Bachelor of Business in Science from the University of Cape Town and is a CFA charter holder.

Guillette joined Emerging Sovereign Group (ESG) in 2009, in which The Carlyle Group is a shareholder.

Prior to joining ESG, Guillette spent three years with the Merrill Lynch Capital Introductions team, where he worked closely with a multi-billion dollar hedge fund client base and institutional investors.

Prior to Merrill, he was a Sales Associate for HBV Alternative Strategies, an event driven and distressed fund.
He began his career with Goldman, Sachs & Co., as a Financial Analyst in the Equities Soft-Dollar & Directed Brokerage group, and also spent two years distributing sell-side research for TheMarkets.com.

Guillette received a BA from Hamilton College in 2001 with a major in East Asian Studies and a minor in Mandarin Chinese.

Overall, the global alternative asset manager has promoted 43 professionals to senior positions: 9 to Partner, 14 to Managing Director and 20 to Principal/Director.

The individuals work in Carlyle’s offices around the globe in four investment segments – Corporate Private Equity, Real Assets, Global Market Strategies and Investment Solutions – plus Investor Services.