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.

Credit in Downturns

As observed most recently in the fourth quarter of 2018, credit (speculative grade loans and bonds) often declines in value during periods of market stress as though it sits pari passu with equity rather than senior to it in the capital structure. As we document in this paper, during the 2008-09 and 2015-16 (energy) market dislocations, creditors earned average total returns of 80% in the six-to-nine months following the market bottom, despite also enjoying a degree of implicit subordination…

As observed most recently in the fourth quarter of 2018, credit (speculative grade loans and bonds) often declines in value during periods of market stress as though it sits pari passu…

As observed most recently in the fourth quarter of 2018, credit (speculative grade loans and bonds) often declines…

Carlyle Comment
Carlyle Comment -
The Transformative Power of Private Equity in Japan

Japanese companies are increasingly willing to work with private equity firms as they discover the value private equity can add. Amid pressures from underperformance, corporate governance reforms and an aging population, companies are looking to focus on their core businesses, enhance shareholder returns, and become more efficient. Foreign private equity firms are emerging as catalysts for change in corporate Japan – helping companies expand…

Japanese companies are increasingly willing to work with private equity firms as they discover the value private equity can add. Amid pressures from…

Japanese companies are increasingly willing to work with private equity firms as they discover the value…

Carlyle Comment
Carlyle Comment
The Middle Market's 'It' Factor

The US middle market has that certain 'it' factor and continues to attract investors and lenders alike. In this edition, Ms. Frontiero and Mr. Hart discuss how specific attributes, coupled with a global search for yield that has pushed investors deeper into nontraditional alternatives, have helped strengthen the middle market's 'it' factor of attraction for investors.

The US middle market has that certain 'it' factor and continues to attract investors and lenders alike. In this edition, Ms. Frontiero and Mr. Hart discuss how specific attributes,…

The US middle market has that certain 'it' factor and continues to attract investors and lenders alike. In this…

JMT WSJ
Op-Ed
Where Have All the Public Companies Gone?

Director of Research Jason Thomas outlines why changing public markets increases the need for private capital in new Wall Street Journal commentary.

Director of Research Jason Thomas outlines why changing public markets increases the need for private capital in new Wall Street Journal commentary.

Director of Research Jason Thomas outlines why changing public markets increases the need for private capital in new…

Vogue
Case Study
Vogue International LLC

Read how Carlyle worked with the founder of Vogue International to enhance its management team, improve operations & strengthen the brand, while successfully executing its growth strategy

The Carlyle Edge
Video
The Carlyle Edge

Find out how The Carlyle Edge enables us to invest wisely and create value for our investors.