Latest news with #CarlyleGroupInc
Bloomberg
a day ago
- Business
- Bloomberg
Carlyle Buys Farm Loans That Hedge Losses as Industry Suffers
Carlyle Group Inc. is purchasing $250 million of loans from FarmOp Capital, a lend that helps farmers deal with the seasonal flow of funds in agriculture and fend off the recent wave of bankruptcies that have hit the industry. The deal is structured through a 'forward flow agreement,' in which Carlyle commits to buying the loans before they are originated, according to a statement.
Boston Globe
26-06-2025
- Business
- Boston Globe
Vance to headline $250,000 Nantucket political dinner
Bob Reynolds did not respond to a request for comment on Wednesday evening. Advertisement President Donald Trump and Vance have made a priority of attending a series of fundraisers around the country as they look to build up the GOP's finances for the 2026 midterms, when they will be defending majorities in both the House and the Senate. Typically, the president's party loses congressional seats in the midterms. In 2018, in the middle of Trump's first term, the GOP lost 40 House seats and their majority. The recapture of the House by Democrats allowed the party to block Trump's legislative agenda while launching investigations of his administration. Earlier: Vance Will Lead GOP Fundraising Efforts for Midterm Elections The pricetag for the event shows how high Vance's political star has risen in a short time. He also attended a Nantucket fundraiser in 2022 hosted by Reynolds when he was running for Senate in Ohio. Tickets for that event were $2,500. Advertisement Nantucket has a long history as a retreat for presidents and the ultra-rich. Former President Joe Biden spent Thanksgiving on the island while in office, staying at the home of Carlyle Group Inc. co-founder and Bloomberg contributor David Rubenstein.
The Star
20-05-2025
- Business
- The Star
Carlyle on Japan hiring spree for new US$3bil fund
TOKYO: Carlyle Group Inc has said it is on course to hire 10 investment professionals in Tokyo as it starts dealmaking for its latest 430 billion yuan (US$3bil) Japan buyout fund. The Washington-based private equity firm has already made four junior to mid-level hires this year, and aims to add six more by December, according to Carlyle Japan co-head Takaomi Tomioka. That will bring its total number of investment professionals in Japan to 35. Private equity has found a sweet spot in Japan in recent years, where borrowing costs remain low and companies from large corporations to smaller family-owned businesses have become receptive to selling off operations. Investors are also more keen to allocate money to Japan-focused funds. But the boom has also made recruitment increasingly competitive in the market, Tomioka said in an interview. 'Many new funds that have set up in Japan are frantically trying to hire,' he said. 'The competition is very intense.' Carlyle's Japan expansion comes as US President Donald Trump's tariff policies cloud the outlook for global businesses and investors. That has made evaluating new opportunities and exits via initial public offerings (IPOs) more complex, according to Tomioka. Most of Carlyle's Japan investments have been in medium-sized companies with a domestic focus, helping to shield it from some of the global trade turmoil. The firm, now in its 25th year of business in Japan, is still on track to invest its planned 100 billion yuan in the country for 2025, Tomioka said. Carlyle is seeking an IPO this year for portfolio company Orion Breweries Ltd, Tomioka said, pointing to the Okinawa-based beermaker's locally focused consumer business as less likely to be impacted by the trade ructions. Carlyle took Orion private in 2019 with the investment arm of Nomura Holdings Inc. Tariff policies have also had little influence on the factors driving dealmaking for private equity in Japan, according to Tomioka. Intensifying pressure to improve shareholder value is spurring local companies to go private or sell off non-core operations, and many smaller businesses face succession issues, he said. 'There is a significant deal flow,' he said. 'However, we need to be cautious about whether the companies we evaluate for investment can actually execute their business plans as planned within the current global economic environment. That assessment is crucial.' Most recently, Carlyle has acquired KFC Holdings Japan Ltd and is in the process of privatising software provider Kaonavi Inc. Carlyle's latest Japan buyout fund, its fifth, finished fundraising last year and is about 70% bigger than the previous one. Appetite was so strong that it sapped investor interest from a separate Carlyle pan-Asia buyout fund, Bloomberg reported last year. Japan-focused funds have drawn investment during a period of stagnant fundraising. The share of private equity capital raised focused on the country rose to 15% of the Asia-Pacific total last year from 7% in 2019, according to a report from Bain & Co. In the current global environment, Japanese companies that are focused on domestic businesses and not expanding globally are actually very appealing, Tomioka said. 'They are easier to invest in right now, and many are in our pipeline,' he said. — Bloomberg
Calgary Herald
01-05-2025
- Business
- Calgary Herald
Large AI projects present US$1.8 trillion capital pool for private credit
Article content The artificial intelligence boom is driving business to private credit firms, as tech companies seek funding to build data centres filled with computing chips to operate AI models. Article content Carlyle Group Inc. expects more than US$1.8 trillion of capital will be deployed by 2030 to meet that demand, and a chunk of that can be taken up by the private markets, chief executive Harvey Schwartz recently wrote in a shareholder letter. Article content Article content A slew of tech companies have already tapped private capital — both private equity and debt — to help build the physical infrastructure needed to support AI. Article content Startup Nscale is looking for US$2.7 billion, including a US$1.8 billion private credit loan, on the back of a pending ByteDance Ltd partnership. SoftBank Group Corp. has sought a US$16.5 billion loan to fund such investments in the United States. Meta Platforms Inc. is looking to raise billions in financing to develop data centres domestically, with Apollo Global Management Inc and KKR & Co. as potential investors. Article content Article content Private lenders have been searching for avenues outside of traditional corporate lending for growth and tap into areas of credit that can come with higher ratings. Financing AI infrastructure is one of those paths, according to market participants. Article content Article content Ares Management Corp. has estimated private investors could fund about US$5.5 trillion of capital across debt and equity in global infrastructure, including AI-focused projects, through 2035, according to a report this year. Article content Cloud computing firms, and tech companies generally looking to develop AI programs, need an immense amount of capital. That can come in the form of investment-grade loans backed by microchips or data centre leases with contracts tied to companies with top-tier credit scores.
Bloomberg
17-04-2025
- Business
- Bloomberg
Carlyle CEO Says Stickiness of Inflation Reflects Strong Economy
Carlyle Group Inc. Chief Executive Officer Harvey Schwartz said inflation across the firm's portfolio companies is showing that the economy remains resilient, making it too early to judge whether the US is headed toward a recession. 'We see the stickiness of inflation,' Schwartz said on Wednesday in an interview for an upcoming series for Bloomberg Originals, Bullish. 'That's actually a reflection of a strong economy, low unemployment.'
