The Deal
Monday, November 23, 
12:51 am

M&A Outlook: Carlyle Group's David Rubenstein

  Share     E-Mail    Discussion    Print Story

With $75 billion under management and a roster of Washington insiders in its ranks, co-founder and managing director David Rubenstein has helped make the Carlyle Group an elite private equity firm.

Continue reading below

Also on Dealscape

In its 20-year history, Carlyle has been involved in some of the largest-ever leveraged buyouts — most recently Manor Care Inc., Hertz Corp. and HD Supply. Last month, the Washington LBO giant agreed to sell a 7.5% stake in itself to an Abu Dhabi government-owned investor in a deal that valued Carlyle at $20 billion. If that's not enough, the firm closed a $7 billion European buyout fund in September and took its European fixed-income affiliate Carlyle Capital Corp. public on the Amsterdam exchange over the summer.

Now, Carlyle is currently raising an estimated $17 billion domestic fund as a follow-up to the $7.85 billion vehicle it raised just two years ago. Along with its $1 billion funds for education and infrastructure, as well as a $3.5 billion renewable energy vehicle, Carlyle will have put a startling $37 billion under management since 2005.

Rubenstein will speak at The Deal's M&A Outlook conference on Nov. 7 at the Ritz-Carlton Battery Park in New York. The interview with The Deal's senior writer David Carey will cover key issues such as his prediction of a $100 billion buyout, shaky credit markets, valuations and where the private equity industry is headed in 2008 as it faces increased scrutiny — and possibly higher taxes — from the government. — George White

See David Rubenstein's biography
Read more posts on M&A Outlook
See more on M&A Outlook 2008
See TheDeal.com: Abu Dhabi invests in Carlyle
See Oct. 11 Dealscape post
See TheDeal.com: Funds still flow for PE





Post a comment





The Deal Pipeline

Deal Video


Inside The Deal: Avaya Inc.'s Mohamad Ali on the company's next target.


More video...

Crisis On Wall Street
Technology
Deals of The Decade

Community

Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


Industry Insight

Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.


footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg


©Copyright 2009, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.