David Rubenstein News

Major League Baseball's Washington Nationals are no longer for sale, ending a search for a new owner after the team was on the market for nearly two years

Longtime Baltimore Orioles owner Peter Angelos has died at the age of 94

Billionaire businessman David Rubenstein argued at the World Economic Forum former President Trump has a clear shot at victory.

JPMorgan Chase & Co. chief executive Jamie Dimon said the fact that central banks got financial forecasting “100 per cent dead wrong” about 18 months ago should prompt some humility about the outlook for next year.

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The slow-moving influence of rising interest rates will end up torpedoing the economy, dashing Federal Reserve expectations that a recession can be avoided, according to renowned Wall Street curmudgeon Jeremy Grantham.

Yesterday, in a much-talked about conversation with Bloomberg, David Rubenstein, co-founder and co-chairman of the Carlyle Group, confidently spoke of Bitcoin's longevity as an important financial asset, further solidifying the lead cryptocurrency's foray into mainstream finance and investment circles. Rubenstein touched upon the increasing interest institutions have shown in Bitcoin, the global demand for a currency beyond governmental control, and how even major financial institutions are now reconsidering their stance on cryptocurrencies.

Bitcoin roars back after a year of crypto industry scandals and losses, Mike Novogratz says one man in particular gives him reason to stay bullish. “The most important thing that happened this year in Bitcoin is Larry Fink,” Novogratz said, referring to the investment titan who is chief executive officer at BlackRock Inc., the world’s biggest asset manager. BlackRock thrilled the crypto community in June when it applied to launch an exchange-traded fund to track the spot price of Bitcoin — a move that, if approved, could potentially spark a new wave of investment in the cryptocurrency. But it was Fink’s seeming conversion from crypto skeptic to Bitcoin believer — he now considers it an “international asset” — that really has Novogratz excited. “He got ‘orange-pilled,’ as we say. Orange pill is when you take a nonbeliever and you make them a believer in Bitcoin,” Novogratz, CEO of Galaxy Digital Holdings, told David Rubenstein in an interview this week for an upcoming episode of Bloomberg Wealth. “Larry was a nonbeliever. Now he says, ‘Hey, this is going to be a global currency.’ People around the world all trust it.”

Carlyle Group co-founder and 'How to Invest' author David Rubenstein discusses artificial intelligence revolution, the growing 2024 candidate field, the impact of Trump's indictment on his campaign and current consumer sentiment.

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David Rubenstein co-founded The Carlyle Group in 1987, and it has since become a private equity behemoth with $369bn under management and 29 offices across five continents. A lawyer by training, Rubenstein is now Carlyle’s co-chair, but he wears many hats, as a philanthropist, author, and host of two shows on Bloomberg Television.

Carlyle Group co-founder David Rubenstein acknowledged on Sept. 2 that he has invested personally in a number of crypto companies, and is optimistic about the industry’s path to regulation in the United States.

Get your crypto house in order, old guard tells Davos debutantes

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American multinational hedge fund and financial services company Citadel is poised to enter cryptocurrency markets this year.