Harvey Schwartz, CEO of the Carlyle Group, recently announced that the firm is actively looking for opportunities to invest some of its $80 billion in free capital into new ventures. Speaking at the annual Milken Institute’s global conference, Schwartz emphasized that the timing of these new investments will largely depend on gaining clarity on the administration’s tariff policies.
In the current uncertain environment, Carlyle’s existing portfolio companies are taking a cautious approach, with Schwartz noting that they are being “very tactical and hyper-strategic” in their decision-making processes. He highlighted the importance of scale and financial flexibility in such times, suggesting that some companies may choose to be competitive and even seize the opportunity to acquire market share.
Despite the challenges faced by smaller and mid-market companies in going public, Schwartz expressed optimism that administration policies will help address this issue in the near future. He believes that the current environment, while uncertain, presents opportunities for companies with the right strategy and resources.
As Carlyle Group continues to navigate the ever-changing landscape of the investment world, Schwartz remains confident in the firm’s ability to adapt and thrive. With a keen eye on market trends and a focus on strategic decision-making, Carlyle is well-positioned to make the most of any investment opportunities that come its way.
In conclusion, Harvey Schwartz’s remarks at the Milken Institute’s global conference shed light on Carlyle Group’s proactive approach to investing in a challenging environment. With a substantial amount of capital at its disposal, the firm is poised to make strategic investments that will drive growth and success in the years to come.
This article was reported by Suzanne McGee and edited by Franklin Paul.