Alex Blankfein's dad, Goldman Sachs CEO Lloyd Blankfein, is one of the most powerful people on Wall Street. Carlyle Group is among the largest private equity firms in the world. It would stand to reason that people would notice the former working for the latter.
Alex Blankfein’s arrival at Carlyle isn’t recent – according to his publicly available profile he joined from Bain in April last year. However, it appears to have gone unnoticed by the world’s media. Carlyle updated its page relating to Alex Blankfein last week. He’s working on Carlyle’s U.S. Equity Opportunities team, is ‘focused on a broad range of middle-market buyout transactions,’ and is based in New York City.
Private equity jobs are notoriously difficult to get and Carlyle is one of the most selective hirers of the lot. Alex Blankfein’s move may have been indirectly facilitated by his father’s closeness to David Rubenstein, Carlyle’s founder. Rubenstein interviewed Lloyd Blankfein last month for his Bloomberg-hosted chat show.
Sounds like a sweet gig for the 30-year-old former Goldman banker, but he seems to have the whole career track mixed up. Traditionally you join Carlyle (headquartered a few blocks from the White House) after doing time in government. And, as Trump's incoming administration has once again shown, it's customary to go to DC after Goldman.
Alex seems to have his own ideas, though. Among them: Keeping a super-low profile.