
Carlyle and KKR Offload $1 Billion in Asset-Backed Securities Linked to Discover Financial Loans
In a significant financial maneuver, leading private equity firms Carlyle Group Inc. and KKR & Co. have announced the sale of $1 billion in asset-backed securities (ABS) associated with a loan portfolio held by Discover Financial Services. This deal represents a strategic move amidst evolving market conditions and highlights the ongoing appetite for securitization in the financial sector.
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Carlyle's COO Lobue Champions Asset-Based Finance as the Next Big Opportunity
In a recent statement that has captured the attention of the financial world, Carlyle Group's Chief Operating Officer, Eric Lobue, declared asset-based finance as the emerging frontier ripe for investment and growth. In his address, Lobue emphasized the compelling dynamics of this sector, suggesting substantial opportunities for private equity firms looking to diversify their portfolios.
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Goldman Sachs Partner Alibair Makes a High-Profile Move to Carlyle Group
In a significant career shift, Eric Alibair, who has been a vital partner at Goldman Sachs, has decided to leave the investment banking giant to embrace a new role at Carlyle Group, a major player in the private equity landscape. This transition reflects not just a career evolution for Alibair, but also highlights ongoing movement in the financial services sector as firms continue to jockey for talent amid a rapidly changing economic landscape.
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The Future is Now: Carlyle Group's Schwartz Surpasses 2024 Goals, Eyes Next Moves
David M. Schwartz, the renowned co-founder of Carlyle Group, has successfully achieved pivotal goals set for 2024. This milestone raises significant questions regarding his next strategic maneuvers and their potential implications not only for Carlyle but also for the broader investment landscape. Schwartz's ability to exceed expectations is widely recognized, yet the pressure is on for him to maintain momentum and guide the firm through the evolving challenges and opportunities that lie ahead.
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Carlyle Group Moves Forward with Confidential IPO Filing for Nouryon
In a significant development within the financial markets, Carlyle Group, a leading global investment firm, has confidentially filed for an initial public offering (IPO) of Nouryon, a major specialty chemicals manufacturer. This filing marks an important step for both Carlyle and Nouryon, as it signals the potential for a return to public markets for the latter after its ownership transition.
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Private Equity Giant Carlyle Halts Luxury Investments Amid Rising Costs and Inflationary Pressures
In a significant shift within the investment landscape, Carlyle Group, one of the foremost private equity firms, has announced a pause on its luxury investing activities. This decision comes as a react to the prevailing economic environment characterized by rampant inflation and growing credit costs, which have begun to take a toll on the profitability and valuation of high-end brands.
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