Former FCC Chairman Goes Wall Street

After public service, time to cash in

Former Federal Communications Commission chairman Julius Genachowski has landed himself a lucrative new gig in private equity. In his new position as managing director and partner for The Carlyle Group’s U.S. buyout team, he’ll take what he knows about telecom, media and technology in finding investment opportunities for the Washington, D.C.-based company to pursue.

Since leaving the commission last May, Genachowski took the usual path of former FCC commissioners, becoming a senior fellow at liberal think tank Aspen Institute and teaching a class at Harvard’s business and law schools.

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