David Rubenstein, co-chairman and co-founder of Carlyle, has given an optimistic outlook on the state of the economy and stated that “It’s actually a good time to invest”
Regarding M&A, Rubenstein explains that there is currently a gap between buyers and sellers in terms of expectations, with buyers expecting a lower price due to the current economic climate.
Rubenstein believes that the US policy to get inflation down is likely to be successful, and that the Federal Reserve will increase interest rates again in February and March, although not so much as to cause a recession.
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Finally, Rubenstein spoke about his vision for Carlyle in the next decade, saying that he hopes it will be “the greatest private equity firm that’s ever existed”. He stresses the importance of maintaining a good reputation and being a place where people both want to work and invest.
Carlyle is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Investment Solutions.
With $260 billion of assets under management as of March 31, 2021, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest.
Source: Yahoo Finance
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