Former Time editor Pearlstine leaves Carlyle for Bloomberg — What next?
Norman Pearlstine, the former editor in chief of Time Inc., has left the politically connected buyout firm Carlyle after less than two years, and joined the financial media company, Bloomberg.
The departure comes at a time when Carlyle is going through serious turmoil, with prominent partner Bob Grady stepping into a lesser role. The firm recently lost two other partners and replaced them with others.
In March, lenders seized the assets of one of its subsidiaries… Continue Reading