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Private equity is 'a good business if you know what you’re doing': Carlyle co-founder David Rubenstein
David Rubenstein, co-founder of global private equity giant The Carlyle Group, believes the firm, which manages about US$500 billion in AUM, can grow even bigger if it continues “to get really good young people”.
In an exclusive interview with BT, Rubenstein, who is also a renowned philanthropist, shares his views on why the private equity business remains in “pretty good shape” despite mounting risks, AI’s impact on jobs, and why Singapore remains one of his “favourite places in the world”.
