She added that the firm's sector heads had the benefit of "broad networks and resources" within their individual industries, which will help them identify growth-stage investments while young companies are still early in their life cycles. Founded in 1966, Warburg Pincus focuses on growth investments under a ticket size of over $50 million. And with the integration of the buyout and growth-investment strategies, she's enthused about the future. "A lot of these ESG opportunities are still pretty nascent from a development perspective, but we've got to invest the dollars behind the most promising technologies.". A sector-agnostic PE company which invests in all sectors was founded in 1984. Contact Information Fund Manager The Carlyle The private-equity giant, known for megadeals across sectors from industrial to technology and consumer retail, is bringing together the two approaches, which have previously been more siloed, to form a strategy with $43 billion in assets. Sign up for notifications from Insider! He reiterated the message at the firm's 2021 Investor Day, where he outlined a four-year plan to "accelerate growth and deliver enhanced shareholder value," the company said in February. Castleray is proud of its employees dedication to their customers and communities. The fund targeted investments in the consumer product, service and manufacturing sectors. The Carlyle Group, a global private-equity firm with $246 billion in assets under management, is taking steps to integrate its buyout and growth strategies in the US. Carlyle Partners Growth is a 2021 vintage private equity growth expansion fund managed by The Carlyle Group. "When we take companies public, this is increasingly a key focus for investors," Sumner said. Working from home, for all of its efficiencies, can leave a strain on the apprenticeship model of leadership. ", Head of global consumer, media, and retail. "And consumers will allocate what it takes to get there.". WebInsider spoke with 13 members of Carlyle's US buyout and growth team the division's leaders, individual sector heads, and the next generation of talent helping to shape the Due diligence also provides an opportunity to include discussions of ESG- or impact-related value creation opportunities that may be embedded into a companys broader value creation plan. The moves comes as the firm is raising its biggest ever buyout fund in the region while wrestling with a global slump in dealmaking. He sits on the board for a number of Carlyle's healthcare investments, including Albany Molecular Research, MedRisk, and Millicent Pharma. CAGP is one of the largest growth capital platforms in Asia and has consistently provided investors with exposure to the very best of the regions opportunities.". 2 min read. "Inside those business models, we see technologies and processes that we can seek to apply to traditional industries. This is an excellent time for long-term investors to seek value in China and India. The fund sold the Italian luxury fashion company to Permira Holdings LLP three years later. We increasingly see valuation premiums for business models and competencies that reflect ESG best practices. "We invest in companies that make and move things, so for companies we own, how can we help them become more environmentally friendly," Sumner said. ", We founded Alpha Omega Capital Partners in 1999 and sold the company to Transact Capital in 2011. (Bloomberg) -- Carlyle Group Inc.s Patrick Siewert, one of the most senior executives of the buyout firm in Asia-Pacific, is stepping down after 16 years in Hong Kong to become a senior adviser. "That acceleration of technological innovation has been eye-opening to a lot of executives in financial services throughout the pandemic," Redett told Insider. Today he is a board member of the chemical producer Atotech, in which Carlyle invested in 2017. We bring in specialized external ESG partners to help dive deeper on specific issues, such as climate risk modelers to help us assess potential physical risks from climate change. The closing of CAGP IV reflects improving investor sentiment towards China and India as the two major economies begin to stabilize and show signs of emerging from the downturn. ESG data is a core tool we use during the investment period to drive value we track ESG key performance indicators (KPIs) across our investments for issues which are systemically important (such as diversity of boards and management teams), and several of our larger funds also track bespoke, material ESG KPIs for each controlled portfolio company. In the last 12 months, including this new fund, Carlyle has raised a total of US$4.8 billion for buyout, growth capital and real estate investments for the region: "I want to create an environment where they feel like they can speak openly about what they're seeing and raise questions and topics proactively. "Our real assets are the people that work here, and you have to have that sense of development and opportunity for all the generations within the firm. Ashley Evans is a managing director in the TMT division at Carlyle. "Take our industrial team they've leveraged learning, particularly with digital capabilities, from the technology team, and it's moved through our industrial investment-opportunity assessments.". Carlyle Asia Growth Partners IV is the fourth fund managed by the Carlyle Asia Growth Capital group, which has an aggregate committed capital of approximately US$2 billion. The integrated approach goes into effect the same day Bernasek takes on his new role: June 1. Hong Kong Global private equity firm The Carlyle Group announced today it has raised US$668 million for Carlyle Asia Growth Partners III Chief investment officer, corporate private equity. The partnership with Castleray has been exceptional. Due diligence was focused and reasonable. CAGPs significant investments include Focus Media, HaoYue Education, HongHua, and Xtep. $18.5B Vintage 2018 Dry Powder 00000 General Information Description Carlyle Partners VII is a 2018 vintage buyout fund is managed by The Carlyle Group. We found Castleray to be one of the best. "Oftentimes, the most junior people they're the ones closest to the data. They offered a fair price and delivered as promised, and on time. Being empathetic to employees' circumstances was key to helping steer the portfolio through it. Focusing on leveraged buyouts and growth capital, the firm Their management, after purchase, helped the company increase revenue. This is one of the world's largest PE firms, founded in 1987. ", Managing director, technology, media, and telecommunications. FRANKFURT, Nov 28 (Reuters) - U.S. buyout firm Carlyle Group (CG.O) has raised more than three billion euros ($3.12 billion) for a pan-European technology "Because, increasingly, tech is permeating all of these industries.". Private equity has long played in the healthcare space, investing in various parts of the industry, from services to infrastructure. "Mentorship is critical to our success. Clare has spent more than two decades at the Carlyle Group. The fund is located in Hong Kong, Hong Kong and invested in Asia and Middle East. The Chinese domestic consumption story is developing well. In the years ahead, one continued theme Redett is counting on is consolidation in the wealth and asset-management space, driven by the generational bifurcation between young and old investors. (Bloomberg) -- Carlyle Group Inc.s Patrick Siewert, one of the most senior executives of the buyout firm in Asia ", Chicago (312) 789-4660 | Dallas (214) 347-7760. Over the years, Sammons has led investments in other brands that have carved out their own niches in popular culture, like the audio brand Beats Electronics and the men's personal-hygiene brand Every Man Jack. "The thinking there is about, how do you power the engine? Bernasek said combining Carlyle's six main verticals would lead to greater collaboration and present the sector heads with lucrative investment opportunities. He is a member of the firm's executive group and serves on its board of directors. The changes in the US buyout and growth team go into effect on June 1. In both the transaction and the transition, Castleray was remarkably straightforward and reliable. Castleray has brought a strong management team to CIRS that has done a first class job of growing the company. A trailblazer in a sector long dominated by strong male presences, she now manages about $43 billion of the firm's $246 billion in assets under management. "The pandemic has shown how important investing in the biopharmaceutical sector really is," Wise said. We support portfolio companies to both evaluate ESG issues related to their businesses and develop their own internal capacity to manage these issues and opportunities, if not already in place. Carlyle Seeks $8.5 Billion for Its Biggest Asian Buyout Fund "I want a personal connection with the people I work with. He's seen the innovation that's been unleashed throughout the industry over the past 10 years. Carlyle Asia Partners Growth II is a private equity growth-expansion fund managed by The The fund locates in Washington DC, District of Columbia. Aerospace faced unprecedented turbulence in 2020, as travelers forwent travel plans and the industry had to take on record levels of debt financing to survive. CVC Capital Partners Our diverse and inclusive community makes us better partners and ultimately, helps us to build better businesses. ", He added: "I think these younger consumers will require additional services that will require a broader platform, and that's kind of how we think about it. ", Working with Castleray has been a learning experience at every turn. Headquarters; and current and previously owned, or financed, business facilities and real estate are located as follows. Castleray acted quickly and decisively to acquire the business and put in place a transition and a management plan to allow it to grow under their management. They might be seeing things that aren't as obvious to others," she added. Siewert, a former Coca-Cola Co. executive, joined Carlyle in 2007 as partner and led investments including the acquisition of McDonalds Corp.s Chinese operations with Citic Capital, and Golden Goose Deluxe Brand in 2017. And over the summer, Carlyle announced plans to ensure that 30% of its board members at its portfolio companies were people from underrepresented backgrounds by 2023. The firm, through diversity initiatives, has morphed into a company with women and people of color within its highest ranks, Insider reported earlier this year. During his time as the head of the global sector, he has overseen investments in market-leading firms, including Novolex Holdings, Signode Industrial Group Holdings, and Hertz. We seek to create a community where we continually exchange insights, Take Novolex, a Carlyle portfolio company since 2016 that specializes in packaging manufacturing. For Brian Bernasek, the age-old saying that opportunities beget opportunities rings true for the Carlyle veteran at the forefront of the firm's unification of buyoutand growth. Over the years, the team has invested in more than 45 companies, Carlyle said. Once we own a particular portfolio company or asset, we monitor material ESG issues and assess opportunities to generate value from ESG initiatives and growth markets. "I really believe showing more flexibility to our teams is going to be important to continue to be successful and attract the best talent.". "That's where we believe the world is headed, and we want to be forward-thinking and taking advantage of those opportunities.".
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