Interview, Fireside Chat
Kewsong Lee, CEO of The Carlyle Group
- Activity in late-stage or very large traditional buyouts is expected to soon increase once the firm gains clarity on normalized earnings levels and recovery trajectories.
- Asset classes such as credit are projected to continue offering significant opportunities driven by superior liquidity and faster deal flow velocity compared to private equity.
- Diversity targets will be adjusted to set a global goal of 30% for directors from diverse backgrounds across all funds, up from the previous 50% target applicable only to controlling companies.
- Remote working and "living at work" practices are anticipated to be unsustainable long-term due to the anticipated erosion of corporate culture, despite current sustainability.
- While hoping for improved U.S.-China relations, a continued divergence between the two nations is predicted to persist for the near future.
- Investment strategy will prioritize building value and identifying opportunities over a much longer term horizon to navigate S&P 500 fluctuations rather than reacting to short-term market direction.
- For aspiring investors, the primary learning focus is advised to be finding and working with top talent rather than solely analyzing financial metrics.