Carlyle executives share their views and expertise on a range of investment, public policy and economic matters through podcasts, commentaries, policy papers, TV interviews, speeches and presentations.
Structural Relationships and Optimal Portfolio Construction
Mark Jenkins and Jason Thomas found that middle-market loans have historically yielded one-third more than large, bank-syndicated loans due largely to their illiquidity. So, results suggest that investors with the ability to hold loans to maturity can boost returns by increasing exposure to liquidity risk.
Pessimism’s Pitfalls as an Investment Strategy: The Perils of the “Next Subprime”
Investors, CEOs, and regulators learned from the Great Recession in ways that make the “next subprime” crisis less likely. Rather than fall prey to elaborate narratives of ruin, Mr. Thomas explains how investors would be better served to focus on conventional risks and opportunities.
Oil Market Commentary: Where the Past Is—and Is Not—Prologue
Jason Thomas and NGP’s Chris Carter point out that while U.S. oil and gas companies have become a “swing producer” in global oil markets thanks to the development of new technologies, . But the sharp decline in global exploration and development spending over the past two years means that capacity outside of North America may be declining.