Carlyle Group Inc. is preparing to exit "a number" of investments as the market for private equity dealmaking rebounds, according to Brian Bernasek, co-head of Americas corporate private equity. He says strong credit markets and stable interest rates are some of the reasons. He speaks to Bloomberg's Sonali Basak.
(Bloomberg) -- A softer-than-expected consumer price index reading makes two interest-rate cuts from the Federal Reserve this year “very likely,” according to Carlyle Group Inc.’s Jason Thomas.Most Read from BloombergHunter Biden Was Convicted. His Dad’s Reaction Was Remarkable.US Inflation Broadly Cools in Encouraging Sign for Fed OfficialsBlinken Casts Doubt on Cease-Fire Hopes After Hamas RespondsStock Bull Run Breaks Record on Fed Decision Day: Markets WrapFed Officials Dial Back Rate Foreca
Registered investment advisors have built lucrative practices, which are attracting big private-equity firms.