Carlyle's new $43 billion team

New York City — Nickolay Lamm: commissioned by MyVoucherCodes.co.uk

Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:

Meet some of the top investors in Carlyle's newly integrated buyout and growth team.
Minority-owned banks reveal how they are overcoming Wall Street's lack of diversity.
Morgan Stanley execs on the defensive for how they navigated the Archegos disaster.

If you're not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals.

Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco.

Carlyle is integrating its buyout and growth teams to turbocharge its investment strategy. Meet 13 of the top investors leading the $43 billion vision.

Marianne Ayala/Insider

The Carlyle Group, a global private-equity firm with $246 billion in assets under management, is taking steps to integrate its buyout and growth strategies in the US.

These are some of the stars of Carlyle's US buyout and growth team.

4 minority-owned banks reveal how they're overcoming Wall Street's 'woeful' lack of diversity to play a bigger role in investment banking right now

diversity and inclusion on wall street 2x1 — From left to right: Annie Seelaus, Suzanne Shank, Sidney Dillard, and Ron Quigley.
R. Seelaus; Siebert Williams Shank; Loop Capital; Mischler Financial Group; Samantha Lee/Insider

Diverse banks are strong in municipal bonds, but now these firms are eyeing corporate America. Read more here.

Morgan Stanley execs defend how the bank navigated the Archegos disaster as analysts grill them on a surprise $911 million hit

Andrew Burton/Getty Images; Samantha Lee/Insider

Morgan Stanley faced a raft of questions on its earnings call about its handling of Archegos. Its CEO, James Gorman, suggested agencies should take a closer look at family offices, and defended risk management. More on that here.

Carlyle just appointed a new co-head of its US buyout and growth team to help spearhead $43 billion for megadeals and early-stage plays

Jake Siewert, Goldman Sachs' head of corporate communications and a key architect behind the firm's rebrand, is exiting to join Warburg Pincus

FILE PHOTO: A sign is displayed in the reception of Goldman Sachs in Sydney, Australia, May 18, 2016.
REUTERS/David Gray/File Photo

Siewert joined Goldman Sachs in 2012 from the US Treasury and played a key role in its rebrand. Now, he's headed to private-equity giant Warburg Pincus. Details on his transition.