At the close of any acquisition come the departures.

Last week, Carlyle’s purchase of TCW [profile] was completed. Now Morningstar reports that on Dec. 31, 2012, TCW managing director Mark Madden left the firm "to pursue other opportunities."

Morningstar reports that Madden once ran the mutual fund TCW Emerging Markets and had been responsible for overseeing the equity research process for TCW Worldwide Opportunities, which is a total return, separate accounts strategy focused on best ideas across the entire emerging-markets debt and equity spectrum.

To read more, go to the Morningstar article. 

Edited by: Tommy Fernandez


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