Latest news with #CarlyleGroupInc.
Bloomberg
13-04-2025
- Business
- Bloomberg
Buyout Firms Get Creative on Gulf Trips in Bid for Bigger Checks
The giants of private equity have spent years trying to cozy up to Middle Eastern wealth funds to secure massive checks. US President Donald Trump's burgeoning trade war just made those efforts even more critical — and asset managers have been forced to get creative. Carlyle Group Inc., for instance, is sending more than half a dozen of its top executives to Abu Dhabi this week to offer training to their counterparts at the emirate's many sovereign wealth funds. BlackRock Inc. is starting up a program to hire more young Saudis and is relocating a bevy of senior investment professionals to the kingdom to help with the effort. Others have been organizing dinners and events to honor Eid al-Fitr.
Yahoo
12-03-2025
- Business
- Yahoo
Carlyle's Currie Says Tariffs to Add Security Premium for Metals
(Bloomberg) -- Carlyle Group Inc.'s Jeff Currie warned of a 'security premium' that will be added to the cost of metals like copper as tariffs mean that countries will need to pay more to ensure domestic supplies. NJ College to Merge With State School After Financial Stress NYC Congestion Pricing Toll Gains Support Among City Residents Where New York City's Zoning Reform Will Add Housing Trump DEI Purge Hits Affordable Housing Groups Electric Construction Equipment Promises a Quiet Revolution 'Energy security is top of mind for everyone around the world right now,' Currie said during an interview with Alix Steel on Bloomberg Radio minutes after President Donald Trump announced plans to increase steel and aluminum tariffs to retaliate against Ontario's move to place a levy on electricity imported from the US. 'Volatility is going to explode across all these markets,' Currie said, referring to energy and metals. The interview took place at the CERAWeek by S&P Global conference. As for oil, Currie says prices could dip to the low $60s per barrel this year, but limited investment and low inventories likely will provide a floor of support for prices. For more on CERAWeek — Day 2, click here for our TOPLive blog. How Natural Gas Became America's Most Important Export Disney's Parks Chief Sees Fortnite as Key to Its Future Germany Is Suffering an Identity Crisis 80 Years in the Making The Mysterious Billionaire Behind the World's Most Popular Vapes How America Got Hooked on H Mart ©2025 Bloomberg L.P. Sign in to access your portfolio
Bloomberg
10-03-2025
- Business
- Bloomberg
The World Has Reached ‘Peak Oil Trade,' Carlyle's Jeff Currie Says
The trade in fossil fuels across borders peaked in 2017 and is set to decline as nations seeking energy security accelerate investments in renewable and nuclear power, Carlyle Group Inc.'s Jeff Currie wrote in a research note Monday. Conversations about peak oil supply and demand have for decades served as a backdrop to energy markets, and the transition from fossil fuels to renewables is top of mind this week as industry leaders descend on the so-called energy capital of the world, Houston, for the annual CERAWeek by S&P Global conference.
Bloomberg
03-03-2025
- Business
- Bloomberg
Carlyle Seeks to Raise More Than $3 Billion for New Infrastructure Fund
Carlyle Group Inc. is seeking to raise more than $3 billion for its newest infrastructure fund, according to people with knowledge of the matter. The firm has begun discussing the vehicle, known as Carlyle Global Infrastructure Opportunity Fund II, with prospective investors, said one of the people, all of whom asked not to be identified discussing confidential information.
Bloomberg
21-02-2025
- Business
- Bloomberg
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.
