US private equity giant Carlyle Group has reported stabilising performance in its flagship buyout business following a series of high-profile portfolio exits, signalling renewed investor confidence after a challenging period, according to a report by the Financial Times.
John Redett, co-president of Carlyle and head of its $164bn buyout unit, said the firm’s strategic focus on monetising investments has paid off. Carlyle leveraged a reopening of IPO markets in the US and Asia to return billions...
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