Commentary

In this edition, Mr. Jenkins discusses the current credit market environment, including how it may be harder to find managers who can provide differentiated performance; the importance of portfolio construction in aiming for the best risk-adjusted returns; and the potential for market dislocations as central banks start to unwind eight years of excess liquidity.

Dr. Peter Cornelius discusses new research finding that the performance of limited partners’ investment portfolios varies almost as much as the net returns of individual private equity funds. As a result, limited partners with superior selection skills have harvested substantially higher risk-adjusted private equity returns than the average public market equivalent would suggest, underscoring the importance of broad and deep due diligence.

Carlyle’s Chief Information Officer Georgette Kiser and Managing Director of Technology, Media and Telecommunications Buyout Cam Dyer share their thoughts on how current technology shifts—including artificial intelligence and machine learning, automation, data exchange, voice recognition, the Internet of Things and the convergence of digital technologies—are impacting the workplace.

A panel of experts shared their thoughts on the energy outlook during a panel discussion sponsored by The Carlyle Group on February 14, 2017. Here are some excerpts.