Carlyle Group Founders Turn Control Over to New Leaders

The transcript discusses a major leadership change at the Carlyle Group, with founders David Rubenstein, Bill Conway, and Dan D'Aniello handing over leadership to new Co-CEOs Glenn Youngkin and Kusang Lee. The discussion also covers succession planning in other major private equity firms like KKR, TPG, and Blackstone. Blackstone's CEO Steve Schwarzman shares ambitious growth plans, aiming to double assets to $800 billion. The conversation highlights the global expansion of private equity firms and the challenges of finding yield in a competitive market.

Who are the new Co-CEOs of The Carlyle Group?

• David Rubenstein and Bill Conway

• Glenn Youngkin and Kusang Lee

• Steve Schwarzman and John Gray

• Henry Kravis and George Roberts

Which private equity firm is still led by its founder, Steve Schwarzman?

• The Carlyle Group

• KKR

• Blackstone

• TPG

What is the growth target for Blackstone as mentioned by Steve Schwarzman?

• $1.5 trillion

• $1 trillion

• $800 billion

• $500 billion

Which of the following firms has invested heavily in infrastructure?

• Carlyle and KKR

• KKR and TPG

• Blackstone and Carlyle

• Warburg Pincus and Blackstone

What is a significant challenge faced by large private equity firms today?

• Managing small-scale investments

• Finding new office spaces

• Locating new opportunities and talent

• Recruiting new clients