The Carlyle Group is a global private equity investment firm with approximately $71 billion under management.  The firm invests in management-led buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, and growth capital financings.
          
Ms. Horbach currently serves on the board of directors of the following companies: Dunkin’ Brands, the leading QSR company operating under the Dunkin’ Donuts, Baskin-Robbins and Togo’s brands; Oriental Trading Company, a leading direct seller of value-priced novelty items and party supplies; and philosophy, a premium skin and personal care products company.  In addition, she serves as a member of the Executive Committee & Board of Trustees at Rockefeller University, Chair of the Investment Committee at Rockefeller University and the Board of Trustees of The Chapin School in New York.  Ms. Horbach is a former member of the Stanford Business School Advisory Council.

Prior to joining Carlyle, Ms. Horbach served as a General Partner of Forstmann Little (“FL”), a private investment firm that has invested $15 billion in 30 acquisitions since it was founded in 1978.  She joined FL as an Associate in 1987, and became a General Partner in 1993.  Ms. Horbach was responsible for the management and oversight of many of FL’s most successful investments, including: Gulfstream Aerospace; Aldila; Department 56; Ziff-Davis Publishing Company; Community Health Systems; Yankee Candle Company and Citadel Communications.  Prior to joining FL, Ms. Horbach spent two years in the mergers and acquisition department of Morgan Stanley & Co., Inc.  She received her MBA from the Stanford University Graduate School of Business and a Bachelor of Arts from Wellesley College, where she graduated Phi Beta Kappa.