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Secondly, I still believe it is confusing that the page includes the Korean spelling of Mr. Lee’s name three times. Mr. Lee was born and raised in the U.S., and he does not have a Korean passport or citizenship. I recommend removing all three instances so that the page is in line with peers. There is
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Firstly, it is inaccurate to write, “Lee stepped down from his role as CEO due to a dispute in negotiations regarding his contract renewal.” As reported in the
Financial Times, “Carlyle’s rejection was, in the end, about power rather than money. ‘He wanted complete autonomy,’ said one person close to
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In the
Reuters story cited, there is even a quote attributing the departure to "the empire striking back." The quote continues… "All the other private equity managers that we cover have had internal, homegrown talent lead their transition from the founders, and that is probably not an accident. It is
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Lee and his wife, Zita
Ezpeleta, established a challenge fund to support ungraduated experience and the renewal of the Lowell House at Harvard, where the couple met. Lee is the chair of New York’s Lincoln Center Theater. He is also vicechair of the board of directors at Partnership for New York City.
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The FT article I cited above writes, “Carlyle’s rejection was, in the end, about power rather than money. ‘He wanted complete autonomy,’ said one person close to the situation. ‘The founders gave it to him. Then, they took it away.’” Try this link to the article, it should allow you to read the full
952:
Related to Lee’s departure from
Carlyle, the Financial Times article cited on the page noted that the leadership change was more “about power rather than money.” Therefore, it would be more accurate to amend the section of the article to, “On August 8, 2022, Lee stepped down from his role as CEO due
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There is no information about Mr. Lee’s tenure as CEO. Suggested addition: While serving as CEO he is credited with simplifying
Carlyle’s fund structure, organizing the firm into three distinct business units—private equity, credit and investment solutions. During his tenure, Carlyle also abandoned
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The WSJ clearly attributes doubling of the credit assets under management and the fund simplification/reorganization to Lee, so I've incorporated that info. Carlyle's conversion to a corporation already appears in entry. Within the
Reuters ref, the $ 376b AUM was attributed to several factors.
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Mr. Lee’s page includes his name spelled in Korean three times. Mr. Lee was born in the U.S., and I recommend removing all three instances so that the page is more in line with Mr. Lee’s peers, who do not have non-English spellings of their names in their articles.
885:
Thank you for reviewing. I do want to point out that there is no citation on the page stating that Lee lived in Korea his early years. He was born and raised in the United States, and does not have a Korean passport or citizenship.
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Additionally, Lee and his wife’s philanthropic giving are not mentioned on the page, despite receiving media coverage. I suggest adding a philanthropy section to the page, potential inclusions and sources includes below.
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Wanted to share new coverage from
Bloomberg that provides further evidence/citation that Mr. Lee’s departure from Carlyle was driven by a power battle with the founders, not a dispute over his contract renewal.
1152:
Hello, I uploaded a new photo of Mr. Lee to the Wiki portal for inclusion on the page. Mr. Lee owns the rights to the photo. As I am a conflicted editor, is it possible for someone to add the photo to the page?
637:, understood. Will see if I can donate and image / find an image with a compatible copyright license. In the meantime, appreciate if you can review my other suggested edit about Mr. Lee's philanthropy.
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Lastly, as the page is currently lacking in concrete actions during Mr. Lee’s tenure as CEO of
Carlyle, wanted to share the below information from a Financial Times story for potential inclusion.
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Thank you for review, however, it is incorrect that he stepped down due to a dispute in negotiations regarding his contract renewal and I maintain that that section should be altered.
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its partnership structure, converting into a corporation. Days before Lee stepped down as CEO, Carlyle announced that it reached a record $ 376 billion total assets under management.
131:. The project works to allow users to contribute quality articles and media files to the encyclopedia and track their progress as they are developed. To participate, please visit the
776:
Think you mistakenly wrote that
Carlyle's conversion to a corporation occurred in 2021, when it occurred in 2019. See the WSJ article sourced. Appreciate your assistance on this.
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Photo from
Commons added. I still find myself confused with regard to policies on naming conventions in other languages, so I will leave this open for another editor to address.
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Hello again, I work for Rubenstein and on behalf of Kewsong Lee. There is limited information on the page related to Mr. Lee’s tenure at Carlyle. Two suggested additions below.
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For the section on the global credit unit, suggested change: “Carlyle’s credit assets under management doubled to $ 56 billion after Lee assumed control of the business.”
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No photo has been provided, two months since last comment. Closing request template, feel free to reopen or start a new request when you have a photo. Happy Editing--
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Additionally, the current photo in the article appears to be low-quality. I suggest that someone update the photo with a higher-quality image in the public domain.
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I want to reiterate that it was reported the dispute was more about the direction of the company than the contract, and the section should be edited accordingly.
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The current headshot is low-quality. I propose substituting a more recent high-quality photo. See a more recent image in the linked Business Insider article.
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Hello, I work for Rubenstein and on behalf of Kewsong Lee. As a conflicted party, I’ll be sharing suggestions on discussion pages instead of editing directly.
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31:) policy, even if it is not a biography, because it contains material about living persons. Contentious material about living persons that is unsourced or
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Again, I argue that the dispute was more about the direction of the company than the contract and the section should be edited accordingly. Thank you.
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Thirdly, the page mistakenly says Carlyle’s conversion to a corporation occurred in 2021. The conversion occurred in 2019. See source:
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Hello again. I would like to suggest one edit to the early life section and one additional edits to the career section of the page.
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for the parameters used by this template for accepting and declining them, and review the request below and make the edit if it is
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In my opinion, his Korean name should be kept since he has ties to the ROK given he lived in the country for his early years.
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Separately, there are a few potential edits that I have flagged on the talk page that I would like to follow up on.
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Mr. Lee’s father’s name is spelled incorrectly. As you can see in his published works, his name is “Hak Chong Lee.”
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articles on Knowledge (XXG). If you would like to participate, please visit the project page, where you can join
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https://www.reuters.com/business/finance/carlyles-second-quarter-earnings-rise-34-strong-asset-sales-2022-07-28/
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https://www.bloomberg.com/news/articles/2024-08-20/carlyle-s-credit-unit-aims-to-end-its-long-run-as-a-laggard
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But I provided the spelling formerly used as an alternate spelling because of its use by the Korea Times.
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https://www.wsj.com/articles/carlyle-ceo-kewsong-lee-plots-rebound-for-private-equity-pioneer-11619352001
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https://www.wsj.com/articles/carlyle-ceo-kewsong-lee-plots-rebound-for-private-equity-pioneer-11619352001
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on Knowledge (XXG). If you would like to participate, please visit the project page, where you can join
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https://www.wsj.com/articles/carlyle-to-abandon-partnership-structure-and-dual-class-shares-11564569000
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no citation stating that Mr. Lee lived his early years in Korea as another editor suggested.
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the situation. ‘The founders gave it to him. Then, they took it away.’” Try this link:
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https://egrove.olemiss.edu/cgi/viewcontent.cgi?article=1199&context=mgmtservices
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to disagreements with the firm’s founders over direction of the company.”
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I am not able to access the Financial Times due to a paywall but
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Hello again, I work for Rubenstein and on behalf of Kewsong Lee.
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by an editor with a conflict of interest has now been answered.
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by an editor with a conflict of interest has now been answered.
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from the article and its talk page, especially if potentially
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I've updated the image. Leaving the rest for other editors.
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so it seems likely to me that was the overriding reason.
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https://x.com/evanepstein/status/1558928049676005377
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Knowledge (XXG):WikiProject Finance & Investment
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Talk pages of subject pages with paid contributions
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633:Thank you @
580:Bloomberg:
72:Start-class
1265:Categories
1004:P,TO 19104
956:Thank you
867:P,TO 19104
828:Thank you
773:Thank you!
326:Investment
168:this draft
617:this link
260:Biography
206:Biography
40:libellous
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853:Pegnawl
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467:on the
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322:Finance
1234:Thanks
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173:Naraht
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1122:read
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