Julius Genachowski Former FCC Chairman Julius Genachowski has landed at The Carlyle Group, a big asset management company whose investments include tech, media and telecom.
He was named a managing director and partner in its U.S. buyout team. “He will focus on investments in global technology, media and telecom, including Internet and mobile,” the company stated. Carlyle recently completed closing of a $13 billion fund that invests in U.S. corporate buyouts and strategic minority investments.
Genachowski was FCC chair for four years through last May. Since then, he has taught a joint class at Harvard’s business and law schools and served as a senior fellow at the Aspen Institute, an education and policy organization. He’ll remain based in Washington.
Prior to the FCC, he helped build IAC/InterActiveCorp, which owned and operated Internet and media businesses including Expedia and Ticketmaster. Among prior work he was a law clerk to Supreme Court Justice David Souter.
In the announcement Genachowski was quoted saying, “I’m grateful to have been part of developments around tech, media and telecom for many years, working with some of the best in the business, and I’m looking forward to joining my new and superbly talented Carlyle colleagues to help find and build businesses.”