President Barack Obama signed a resolution May 8 appointing David M. Rubenstein, cofounder and managing director of The Carlyle Group, a member of the Smithsonian Board of Regents. Rubenstein’s six-year term as a citizen regent began immediately.
The 17-member Board of Regents includes nine citizen members, three members of the House of Representatives and three members of the Senate, as well as the Chief Justice of the United States and the Vice President, both ex officio voting members.
As cofounder and managing director of the Carlyle Group since 1987, Rubenstein, 59, leads one of the world’s largest global investment firms that acts as lead equity investor in management-led buyouts, strategic minority equity investments, equity private placements, consolidations and buildups and growth capital financings. The Carlyle Group has grown into a firm managing more than $89 billion from 33 offices around the world.
A native of Baltimore, Rubenstein earned a bachelor’s degree from Duke University in 1970 and a law degree from the University of Chicago Law School in 1973. He practiced law with the Washington, D.C., law firm Shaw, Pittman, Potts & Trowbridge (now Pillsbury Winthrop Shaw Pittman) and the New York firm Paul, Weiss, Rifkind, Wharton & Garrison.
From 1977 to 1981 Rubenstein served as the Deputy Assistant to the President for Domestic Policy in the Carter administration. From 1975 to 1976, he was chief counsel to the U.S. Senate Judiciary Committee’s Subcommittee on Constitutional Amendments.
Rubenstein serves on the board of directors of trustees of Duke University; the Johns Hopkins University; the Lincoln Center for the Performing Arts, where he is vice chairman; the Kennedy Center for the Performing Arts; and the Dance Theatre of Harlem. He succeeds the late Anne d’Harnoncourt on the Smithsonian Board of Regents.
Posted: 11 May 2009