Bio

Xiang-Dong (X.D.) Yang is a Managing Director and Chairman of Carlyle Asia, leading all Corporate Private Equity investments in Asia (ex-Japan). He joined Carlyle in 2001 as a Co-Head of the Asia Buyout advisory team. Carlyle has been investing in Asia for over two decades and is one of the largest private equity investors in Asia. Carlyle Asia has invested over US$17 billion in more than 155 companies in corporate private equity, and has current assets under management of more than US$14 billion, as of March 31, 2021. Mr. Yang is based in Hong Kong. Prior to joining Carlyle, Mr. Yang spent nine years at Goldman Sachs, where he was a Managing Director and Co-Head of Private Equity Investment Asia ex-Japan. Mr. Yang serves on the boards of Grand Foods Holdings Limited (McDonald’s China) and Du Xiaoman Financial. Mr. Yang is also a member of the Global Advisory Council of Harvard University and a trustee of the Hirshhorn Museum in Washington D.C. Mr. Yang received his BA in economics from Harvard University and MBA from Harvard Business School. He is a native of China.