The Carlyle Group

Uncommon, a Carlyle portfolio company, is an imaginative provider of flexible workspace environments in London. The Uncommon brand is focused on #sustainability, answering the demand for more socially and environmentally conscious places to work, and serves as a tool to drive occupancy and engage members. By looking to drive positive impact on both climate and people, Uncommon is at the forefront of creating sustainability-led workspaces. Uncommon CEO Chris Davies and Managing Director Magda Al-Nugaidi spoke to our Co-Head of Global Sustainability, Katharina Neureiter, about their flagship location in Holborn and the impact of Carlyle’s investment. Watch below and read the case study here: http://spr.ly/6042lKLhi

Today, Carlyle announced that in partnership with Atmas Health it will acquire Baxter International Inc.’s Kidney Care segment, Vantive – a leader in global kidney care with a strong growing business and market-leading franchises. We are delighted to partner with Vantive to support their strategic vision through the separation from Baxter and transformation into a standalone global business. In September 2022, Carlyle’s Global Healthcare team, in partnership with long-time #healthcare executives Kieran T. Gallahue, Jim Hinrichs, and James Prutow, formed Atmas Health with a focus on acquiring and building a market-leading healthcare business. We look forward to supporting the growth of Vantive’s business and building upon their track record of patient-focused innovation. Together we aim to create long-term value in this next phase of Vantive’s development. Ream more: https://lnkd.in/e7w7_Rhf

In this month’s #podcast episode, Shane Clifford, Carlyle’s Head of Global Wealth, joins Jason Thomas for a discussion about the growing democratization of alternative investments, and what’s fueling this trend among individual investors. 🎧 Listen to Insights & Indicators: http://spr.ly/6042YS2mI

Today, Carlyle announced that it has agreed to sell Cogentrix Energy to Quantum Capital. Cogentrix is a premier U.S. independent power producer with a platform comprised of efficient and flexible natural gas-fired power plants, which support the reliability, resiliency, and affordability of the U.S. electricity market. During our period of ownership, Carlyle supported Cogentrix’s efforts to establish decarbonization objectives for its fleet of natural gas-fired power generation assets while continuing to support grid reliability—a critical balance required to effectuate the #EnergyTransition. The exit of our investment in Cogentrix is an example of our deep sector expertise within our #Energy and #Infrastructure platform. We look forward to continuing our investment activities in this rapidly growing area, including partnering with our management teams on growth opportunities and deploying capital in new investments. Read more: http://spr.ly/6042YPTNe

Today we reported our Q2 2024 financial results, which reflect strong momentum across our business and a steadily improving market environment. View the earnings presentation and important information regarding forward-looking statements and a reconciliation of non-GAAP financial measures to the corresponding GAAP measures here: http://spr.ly/6049YP3yP Join our investor conference call at 8:30am ET here: http://spr.ly/6042YP3yr

Jason Thomas, Head of Global Research & Investment Strategy, joined Bloomberg to discuss his macroeconomic outlook following this week’s Federal Reserve meeting. When speaking about risk premia, Jason noted, “This all suggests that you have a public market that is priced for perfection to a large extent. Going forward, if we have some unfortunate, unforeseen developments in the economy, the Fed, with base rates of 5.3% has a lot of firepower and could do a lot to stabilize economic activity.” Watch the full interview: http://spr.ly/6047YEdp9

Following our recent announcement agreeing to acquire an approximately $10.1 billion portfolio of prime student loans from Discover Financial Services, Akhil Bansal, Head of Credit Strategic Solutions, spoke with Sonali Basak on Bloomberg TV to discuss specifics around the transaction, as well as other opportunities in asset-backed finance more broadly. “We're focused on really high-quality types of lending, and we have some thematic views at Carlyle that we're expressing that through,” he said. “We're always looking where we have an information advantage when we're looking into the pools that we're buying. It's not just about looking at a FICO score, it's about how can we use our platform, and the breadth of it, to pull insights out of it that make us a better buyer, and Discover is a good example.” To learn more, watch the full segment here: http://spr.ly/6045cwBxt

In this week’s edition of The Carlyle Compass, Jason Thomas, Head of Global Research & Investment Strategy, offers a midyear review of major macro developments anticipated earlier in the year in our annual outlook piece, Five Questions for 2024. Read here: http://spr.ly/6049cVaQv Jason touches on: ➡️ How U.S. politics and the upcoming election intersects with the current global economic complexity. ➡️ Why higher interest rates were not the stock market headwind many expected. ➡️ The real estate market, and why lower rates are not likely to be a panacea. For more of The Carlyle Compass, which brings together the latest research and market insights from our global team, request to subscribe here: [email protected]

In this month’s #podcast episode, Peter Cornelius, Chief Economist for AlpInvest Partners, joins Jason Thomas for a discussion about what he’s seeing and hearing from AlpInvest investors in light of the current economic landscape. Listen to Insights & Indicators: http://spr.ly/6046cHeMY

Today, Carlyle’s #GlobalCredit platform announced that it has provided a financing package to support the acquisition of Superstruct Entertainment, one of Europe’s leading live entertainment groups, owning and operating more than 80 music festivals across 10 countries in Europe and Australia, by KKR. Superstruct has a well-diversified portfolio across geographies and music genres and has grown significantly since inception to become a leading player within a highly fragmented music festival market. Its portfolio includes some of Europe’s most popular and high-quality festivals, such as Wacken Open Air, Defqon.1, Parookaville, Sziget, Tinderbox, Boardmasters, and Sónar. This transaction will support Superstruct as it looks to consolidate its position as a global, top-tier live entertainment platform, continuing to capture organic growth opportunities and through M&A. Otto A., Managing Director in Carlyle Global Credit, said: “We are delighted to support KKR’s acquisition of Superstruct, a company well positioned to meet the accelerated demand for live entertainment, as it continues to deliver its portfolio of events to a growing global audience. This transaction is testament to our ability to partner with experienced sponsors to support the growth aspirations of strong and resilient businesses.”