The Carlyle Group

Today’s #Fed decision coincides with Carlyle’s annual Global Investor Conference, where ~400 of our global investors are gathering to explore key economic and geopolitical trends. CEO Harvey Schwartz sat down with CNBC’s Leslie Picker live from the event in Washington, D.C., to discuss how monetary policy is affecting private markets, credit, and deal activity. Harvey said: “What the Fed does today is not really the most important thing for how we think about the long-term trajectory of our business. […] The most important thing for market participants is, monetary policy has worked.” Watch the full interview: http://spr.ly/6043oznKH

The Fed cut interest rates for the first time in four years. “The End of the Beginning” is the latest Global Insights report by Jason Thomas, Head of Global Research & Investment Strategy, which acknowledges that the time for rate cuts has arrived. It addresses talk of interest rate “normalization,” the potential for market symmetry to return as M&A volumes rebound, and evaluates the scale of easing expected by some market participants. Read below or download the full report here: http://spr.ly/6047oRIs3

Today, Carlyle announced it has entered into a strategic partnership with Unison, the pioneer of equity sharing agreements, to purchase up to $300 million of equity sharing #HomeLoans. Unison’s newly launched Equity Sharing Home Loan product offers homeowners a fixed below-market interest rate for accessing a portion of their home equity, while also allowing them to make use of the appreciation potential of their home. Akhil Bansal, Head of Credit Strategic Solutions at Carlyle and Rich Eimbinder, Managing Director in Credit Strategic Solutions said: "We are excited to partner with Unison to provide an attractive solution for homeowners to access their appreciating home equity. Unison is a leader in equity sharing agreements and we’re confident our expertise in asset-backed finance can help increase origination and awareness for this new capital solution for homeowners." This transaction was led by Carlyle’s Credit Strategic Solutions team, a group within our Global Credit business focused on private fixed income and asset-backed investments. Read more: http://spr.ly/6047o1Xbz

Today, Carlyle announced a strategic investment into North Bridge, a leading provider of #RealEstate finance solutions, and a commitment to provide up to $1 billion to facilitate the origination of commercial property assessed clean energy (C-PACE) loans by North Bridge. Rachel King, a principal focused on opportunistic real estate credit at Carlyle, and Gregory Gudis, a principal on the Credit Strategic Solutions team, said: “We are pleased to bring together Carlyle's significant expertise in #AssetBackedFinance and #RealEstateCredit to help commercial real estate owners address their financing needs. North Bridge has a proven capability to deliver C-PACE financing solutions of substantial size to borrowers and sponsors, and we are excited to partner with them to drive growth in an increasingly important financing market." Read more here: http://spr.ly/6045W72UL

This week, Carlyle executives attended IPEM Paris, one of Europe’s largest events dedicated to #PrivateCapital, to connect with investors and leaders across the industry. We were delighted to have 3 speakers at the conference, providing their outlook and perspectives on the private capital environment. Michael Wand spoke about Europe’s resiliency and the opportunity he is seeing in the mid-market space; Taj Sidhu highlighted the long-term demand for bespoke private credit solutions; and Christophe Nicolas discussed the evolution of the secondaries market. #IPEMParis2024

Carlyle Co-Founder and Co-Chairman David M. Rubenstein and Admiral James Stavridis, USN (Ret.), the firm’s Vice Chair, Global Affairs, sat down at The Economic Club of Washington, D.C. earlier this week to share insights on current global affairs and to discuss their latest books. The Admiral’s new novel, “2054,” co-written with Elliot Ackerman, is a political thriller set in a world transformed by artificial intelligence. It follows the pair’s bestseller, “2034.” David’s new non-fiction work is, “The Highest Calling: Conversations on the American Presidency,” in which he interviews living American presidents, as well as top historians and journalists who reflect on the U.S. presidency. Watch the full interview here: http://spr.ly/6042Wa4d0

Mark Jenkins, Head of Global Credit at Carlyle, spoke with Private Debt Investor on the emerging opportunities in the #PrivateCredit market for insurers. With more insurance capital potentially flowing into private debt, there are both opportunities and complexities for fund managers to navigate. Read the full story here: http://spr.ly/6045WgkMP

We are excited to announce the appointment of Anuj Poddar as Co-Head of Global Portfolio Solutions (GPS) for Asia, focusing on #India and #SoutheastAsia. Anuj will work closely with Carlyle Asia’s country investment advisory teams and our global GPS team to help drive transformational change and performance with portfolio companies in Asia. Anuj’s new role dovetails with our increased focus on enhancing portfolio company value creation and as we look to increase the number of control buyout deals that we do in Asia. We look forward to working with Anuj and continuing to build on Carlyle’s GPS capabilities to help portfolio companies seek to optimize performance in today’s fast evolving business environment. Read more on Anuj’s appointment here: http://spr.ly/6045WgPI1

Congratulations to Heather Mitchell, our Chief Risk Officer, Head of #EMEA, and Global General Counsel for Investments, who was featured prominently in Legal Business Magazine’s “Private Equity Elite” series, which recognises the top London-based in-house lawyers working in #PrivateEquity and #PrivateCredit. Read Heather’s full profile here: https://lnkd.in/eAWEgs8N  

Congratulations, Megan Rapinoe! Thank you for all you’ve done for women’s sports—Carlyle is proud to partner with Seattle Reign FC. ⚽️