The Carlyle Group

Today marks a significant milestone in StandardAero's 100-year history as the company takes the next step in its evolution by becoming a publicly listed company. The Carlyle team is proud to stand alongside our partners at StandardAero as it continues to play a crucial role in the aerospace engine aftermarket. 📷 Credit: NYSE

We are delighted to share that Ruulke Bagijn, Global Head of Investment Solutions at Carlyle, has been included in Private Equity International's 2024 Women of Influence in Private Markets report. In her role, Ruulke oversees $80 billion across Carlyle’s private equity primary, co-investment, and secondaries platform – the largest amount of capital managed by any female leader at the firm. Under her leadership, global investment solutions’ AUM grew by 21 percent in 2023, and she continues to push boundaries in the burgeoning individual and private wealth market. Ruulke is also a strong advocate for greater diversity in private equity, having served as the inaugural chair of the Dutch committee for gender-focused non-profit Level 20 and actively contributing to Carlyle’s DE&I Council. When reflecting on her experience, she shared: “Focus your energy on where the opportunity is and don’t overthink the setbacks you experience. Instead, work around them.” Read more here: http://spr.ly/6046Uk4np

The Carlyle Europe Technology Partners (“CETP”) team is pleased to have supported its portfolio company NEVERHACK on the transformative acquisition of Innovery by Neverhack, an Italian cybersecurity and ICT firm with a presence in Spain, Mexico, and the U.S. Charles Villet, Managing Director in the CETP investment advisory team, said: "We look forward to working with NEVERHACK and Innovery’s management to continue supporting their growth strategy to create a true cyber leader.”

Amit Jain, Carlyle’s Head of India, spoke with Bloomberg TV’s Haslinda Amin about how India’s growing middle class and its strengths in manufacturing and technology are providing opportunities for investment in sectors including healthcare, financial services, specialty chemicals, automotive, and packaging. Amit noted: We believe India is now one of the most vibrant capital markets in the world. We have been in India for 18 years and have invested more capital in the last five years than in the first 13 years. Watch the full interview here: http://spr.ly/6046UJ6yg

In this month’s #podcast episode, Jeff Nedelman, Carlyle’s Head of Global Distribution, joins Jason Thomas for a discussion about the Fed’s rate cut, its potential impact on the U.S. economy, and other topics from our 2024 Global Investor Conference. Listen to Insights & Indicators: http://spr.ly/6049U8bGH

Last week we were pleased to welcome Carlyle investors, partners, and colleagues from around the world to Washington, D.C., for our annual Global Investor Conference. Our global and business leadership teams, portfolio company CEOs, and special guest speakers shared powerful insights on the geopolitical environment; AI advancements; progress of the energy transition; and the current investment landscape across private markets. Thank you to everyone who participated – your engagement sparked inspiring and impactful conversations.

We’re pleased to share that our joint venture company AlphaStruxure has begun construction on a large-scale microgrid at The New Terminal One at JFK. The microgrid will include the largest rooftop solar array in NYC and on any U.S. airport terminal, working toward The Port Authority of New York & New Jersey ’s goal of 100% zero-carbon electricity by 2040. It will also enhance the terminal’s resilience by maintaining power during grid outages. Read more about the project here: http://spr.ly/6042om2CM

Congratulations to our CEO Harvey Schwartz, who was presented last week with the FDNY Fire Commissioner’s Humanitarian Award for his outstanding support of the #FDNY’s critical work. The #FDNYFoundation helps support fire and life safety education in New York City, along with professional development, equipment, and technology for the Department. Its efforts ensure that the FDNY can maintain operational excellence and provide the best training and resources for its firefighters and EMS personnel. At their annual dinner ceremony, the FDNY Foundation was able to raise over $4M in donations. Carlyle colleagues were also in attendance to honor the men and women of the FDNY, and to celebrate Harvey’s award.

Jason Thomas, Head of Global Research & Investment Strategy, joined Bloomberg News' Sonali Basak to discuss his macroeconomic outlook on the heels of this week’s Fed meeting and rate cuts. In his latest whitepaper, Jason notes: “Central banks do not set policy in a vacuum or under self-selected circumstances. The world has changed since 2019 in ways likely to ensure that price pressures emerge before interest rates approach levels that prevailed during the pre-pandemic era.” Watch the full interview here: http://spr.ly/6044onkN0 and download Jason’s report here: http://spr.ly/6045onkNF

The Fed cut interest rates for the first time in four years. “The End of the Beginning” is the latest Global Insights report by Jason Thomas, Head of Global Research & Investment Strategy, which acknowledges that the time for rate cuts has arrived. It addresses talk of interest rate “normalization,” the potential for market symmetry to return as M&A volumes rebound, and evaluates the scale of easing expected by some market participants. Read below or download the full report here: http://spr.ly/6047oRIs3