Carlyle COO Touts Asset-Based Finance as Next Frontier
Carlyle Group Inc. is looking to asset-based finance as its next big growth opportunity, Chief Operating Officer Lindsay LoBue said at a Bloomberg New Voices event in New York on Thursday.
'Credit will continue to get bigger there's no question about that in my mind,' LoBue said, adding the addressable asset-based finance market could swell to as much as $25 trillion.
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