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What Carlyle founder David Rubenstein makes of the FTX crash
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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.
This year has seen a worsening landscape for private equity, with high inflation, rising debt costs, and a poor fundraising environment for much of the industry. Rubenstein has seen such economic...
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