Carlyle Hires Jenkins to Head Global Credit From Canada Pension

(Bloomberg) — Mark Jenkins is joining Carlyle Group LP as head of global credit, exiting the Canada Pension Plan Investment Board amid a shakeup of the country’s largest pension fund.Jenkins will oversee most of the Carlyle unit previously run by Mitch Petrick. He will also become a member of Carlyle’s management committee, the Washington-based asset manager said in a statement Monday. He’ll start later this month and be based in New York.Jenkins’s departure comes less than four months after Toronto-based Canada Pension announced Mark Machin would take over as chief executive officer, replacing Mark Wiseman, who left to become a senior managing director at BlackRock Inc.Canada Pension will create a new investment unit called Real Assets that will combine real estate investments, infrastructure and agriculture groups under one umbrella to be lead by Graeme Eadie, the fund said in a statement. Eadie has …