Hey Hey My My, Private Equity Can Never Die

One of the likely most memorable achievements of David Rubenstein will be not about private equity, in the strict sense – it will be the rap he sang in the Carlyle’s 2014 Holiday message to investors. Musical license for musical license, he might as well have come up with a rock song to introduce his recent predictions about the evolution private equity industry. Neil Young would forgive that it is me instead to “use” the song for a few related comments. Continue reading

Carlyle, Blackstone and Private Markets’ Beta

In the last few days, Carlyle first and Blackstone almost right after released investor updates and provided interesting information about the growth estimates of the value of their private equity funds for 2013 and the first quarter of 2014. Continue reading