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.

What challenges do the new Co-CEOs face in finding yield in the current market?

How has David Rubenstein contributed to Carlyle's global presence?