The Carlyle Group Names Former Bombardier Inc. President and CEO Alain Bellemare as an Operating Executive for Global Aerospace & Government Services

WASHINGTON, DC - The Carlyle Group (NASDAQ: CG) today announced that Alain Bellemare, former President and CEO of Bombardier Inc, has been named an Operating Executive consultant in the Global Aerospace & Government Services Group.

As an Operating Executive, Alain will play an active role in identifying new investment and partnership opportunities while helping to build, grow and transform portfolio companies across Carlyle’s global platform. He will advise Carlyle’s Aerospace portfolio company executives and management teams on growth strategies, leadership and talent development, effective operations and risk management. Bellemare joins a broad and diverse group of nearly 50 Operating Executives, Senior Advisors and Operating Advisors who help Carlyle invest wisely, create value and have a meaningful impact on companies across all industries. Mr. Bellemare will also continue to devote time to various roles outside of the firm.

Adam Palmer, Managing Director and Global Head of Aerospace, Defense and Government Services and Co-Head of Growth Equity for The Carlyle Group, said, “We’re increasingly focused on providing portfolio companies with direct access to a range of resources across Carlyle including our global network and significant in-house and external intellectual capital. We believe Alain’s extensive leadership experience in the Aerospace industry will be instrumental in supporting our team to build and grow great companies and find compelling investment opportunities.”

Bellemare said, “I am excited to partner with this best-in-class team. Carlyle has a history of creating value, unmatched global reach, and the capital necessary for making large-scale investments. I look forward to leveraging my experience and relationships to support the team in driving long-term value creation.”

Bellemare was President and Chief Executive Officer, Bombardier Inc. from 2015 to 2020, leading the company through an extensive, multi-year transformation. Prior to joining Bombardier,

Mr. Bellemare was President and Chief Executive Officer of UTC Propulsion & Aerospace Systems from July 2012 to January 2015. His responsibilities also included some of the largest programs in UTC’s history, among them the integrated aerospace systems for the Boeing 787, Pratt & Whitney's Geared Turbofan Engine and the F135 engine for the Joint Strike Fighter.

Alain Bellemare began his career with UTC at Pratt & Whitney Canada in 1996 as Vice President of Manufacturing. He held leadership roles of increasing responsibility at UTC including President of Pratt & Whitney Canada (2002), President of Hamilton Sundstrand (2009), and Chief Operating Officer of UTC Propulsion & Aerospace Systems (2011).

Mr. Bellemare is a member of the Faculty Advisory Board of McGill University’s Desautels Faculty of Management. He also served on the Board of the Smithsonian National Air and Space Museum.

Bellemare earned an MBA from McGill University, a bachelor's degree in mechanical engineering from the University of Sherbrooke, and he specialized in aeronautical engineering at Institut Supérieur de l’Aéronautique et de l’Espace (ISAE-SUPAERO) in Toulouse, France.

About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across four business segments: Corporate Private Equity, Real Assets, Global Credit and Investment Solutions. With $221 billion of assets under management as of June 30, 2020, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. The Carlyle Group employs more than 1,800 people in 31 offices across six continents. Further information is available at www.carlyle.com. Follow The Carlyle Group on Twitter @OneCarlyle.

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