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Can Carlyle catch up? Storied PE firm tries to reclaim its former glory


Published on 2025-01-10 23:20:56 - AOL
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  • Carlyle spent several months searching for Lee's successor before picking Schwartz in February 2023 as its next CEO. Schwartz, now 60, is a former Goldman Sachs executive who was a contender to take over for Lloyd Blankfein as CEO of GS. (Goldman ended up picking David Solomon in late 2018 as its CEO.)

The article from AOL Finance discusses Carlyle Group Inc., a prominent private equity firm, and its strategic maneuvers to enhance its market position amidst a challenging economic environment. Carlyle has been actively seeking to expand its reach and influence through various acquisitions and partnerships, notably its interest in acquiring a stake in Fortitude Re, a reinsurance company, to diversify its portfolio beyond traditional private equity investments. This move is part of Carlyle's broader strategy to adapt to a market where fundraising has become tougher, and competition for deals is intense. The firm is also focusing on sectors like technology, healthcare, and government services, aiming to leverage these areas for growth. Additionally, Carlyle is navigating through regulatory scrutiny and public perception issues, striving to maintain its reputation while pushing for innovation and expansion in the private equity landscape.

Read the Full AOL Article at:
[ https://www.aol.com/finance/carlyle-catch-storied-pe-firm-153000500.html ]
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