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BreakingviewsCapital Calls: Carlyle’s political assets Reuters 2 minute read Glenn Youngkin, the co-CEO of Carlyle, attends a session at the 50th World Economic Forum annual meeting in Davos, Switzerland, January 21, 2020. REUTERS/Denis Balibouse Concise insights on global finance. - REVOLVING DOOR. Carlyle’s (CG.O) political forays are coming full circle. The D.C.-based private equity firm is known for its high-profile Washington hires. Former co-Chief Executive Glenn Youngkin went in the other direction, securing the Virginia Republican gubernatorial nomination on Monday. The private equity firm’s connections helped open doors, including in defense deals. Back in the 2000s, it hired former President George H.W. Bush and ex-Treasury Secretary/Secretary of State James Baker as advisers. Former British Prime Minister John Major was European chairman.

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