Just when you thought everyone in town was already working on behalf of private equity, they find someone else to lobby for them.
Washington-based The Carlyle Group announced today that David Marchick will join the firm as a managing director and global head of regulatory affairs. Marchick is currently a partner at Covington & Burling. He'll oversee the private equity firm's lobbying efforts.
Private equity firms threw cash at K Street during the first half of the year, seeking to avert Democrat-backed legislation that would result in paying more taxes on their profits. Companies also banded together to form a trade association, the Private Equity Council.
Carlyle's announcement didn't say whether Marchick's hiring would affect the firm's relationship with Ogilvy Government Relations. Carlyle paid Ogilvy $260,000 for lobbying services during the first half of 2007, according to lobbying disclosure records.