Global investment firm Carlyle has appointed Brad McCarthy as its managing director and head of Asia-Pacific global wealth business.

In this role, McCarthy, who is based in Singapore, will be responsible for expanding the firm’s wealth platform across the Asia-Pacific region with a focus on enhancing client offerings and broadening access for high-net-worth investors to its global suite of private market products and solutions. He will also oversee the institutional wealth channel for the firm in Australia and New Zealand.

McCarthy has over 25 years of wealth and asset management industry experience in which he has led sales and client servicing teams, product launches and distribution strategies. He joins from Citi Private Bank and Global Wealth, where he was managing director and Asia-Pacific head of alternative investment sales.

Prior to Citi, McCarthy was the head of Asia at Permal, where he was responsible for growing the firm’s regional business as an alternative investment provider. He has also held various investment and wealth management roles at ABN AMRO Asset Management and BT Financial Group.

“With his extensive experience in scaling wealth management platforms and deep understanding of the evolving private markets landscape,” says Shane Clifford, the firm’s head of global wealth. “McCarthy will play a key leadership role for us, as we look to further accelerate growth in the region.”