Core Insights - Carlyle Group has increased its targets for fee-related earnings, distributable earnings per share, and inflows up to 2028, surpassing consensus expectations and reflecting growth over the past few years [2][4] Company Strategy - The company has undergone a systematic overhaul over the past three years, focusing on strategic growth initiatives, operating model improvements, compensation strategy changes, capital allocation, and leadership restructuring [3][4] - Leadership changes have been fundamental in mobilizing the firm, contributing to significant growth and setting a conservative model for the next three years without relying on inorganic growth strategies [4][5] Market Sentiment and Economic Outlook - Despite market volatility, Carlyle remains the best performer among its peers, although it has seen a 12% decline month-to-date [6] - The firm does not overly react to daily market sentiment, instead relying on data from its portfolio companies, which employ over 700,000 people across various sectors [7][8] - Economic indicators suggest a positive outlook, with GDP growth potentially exceeding 3% to 4% in the first quarter, supported by favorable financial conditions [9] Capital Demand and Industry Trends - There is a growing global demand for capital, driven by economic growth, reindustrialization, and national security investments, which Carlyle has been engaged in for 40 years [15][16] - The geopolitical landscape has shifted towards a competition for capital, making private capital increasingly important for economic growth [16]

Core Viewpoint - Sixth Street Specialty Lending reported strong financial results for Q4 and full-year 2025, highlighting consistent dividend coverage and a new joint venture aimed at investing in CLO equity [4][6][18]. Financial Performance - The company generated adjusted net investment income (NII) of $0.52 per share in Q4, with an annualized operating return on equity (ROE) of 12% [3][6]. - For full-year 2025, adjusted NII was reported at $2.18 per share, with an economic return of 10.9%, marking the 10th consecutive year of double-digit economic returns [6][7]. - The year-end net asset value (NAV) was $16.98 per share, with a debt-to-equity ratio of 1.10x and approximately $246 million of remaining investment capacity [6][8]. Dividends - A base quarterly dividend of $0.46 per share was declared, along with a supplemental dividend of $0.01 per share [2][6]. - The adjusted NII exceeded the base dividend, resulting in 113% base dividend coverage [2][6]. Joint Venture and Investment Strategy - The company formed a fee-free joint venture, Structured Credit Partners, with a commitment of $200 million to invest in broadly syndicated loan CLO equity, targeting mid-teens returns [5][19]. - The joint venture is expected to be accretive to earnings and will focus on newly issued CLOs managed by Sixth Street or Carlyle [19][20]. Portfolio and Credit Quality - The portfolio included approximately 40% exposure to enterprise software, with stable credit quality metrics reported [16][14]. - The weighted average portfolio rating was 1.13, and total non-accruals remained unchanged at 0.6% of the portfolio by fair value [14]. Future Outlook - The company expects to target a 2026 NII ROE of 11% to 11.5%, corresponding to adjusted NII per share of $1.87 to $1.95 based on year-end book value [21].

The Carlyle Group's Jeff Currie says the oil and metals markets are “substantially underinvested” and have significant upside. “If you are having to scrape the data to find evidence of the glut, it is not an oil supply glut,” Currie said on "Bloomberg The Close." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & an ...

The Carlyle Group has entered the ranking of Europe’s top ten fuel makers as Big Oil companies look to tighten up their portfolios and offload major polluting businesses like refineries https://t.co/UjvKZgLDIH ...

Core Insights - Avantor, Inc. has appointed Simon Dingemans to its Board of Directors, effective January 2, 2026, to enhance growth and profitability [1][3] Company Overview - Avantor is a leading global provider of mission-critical products and services to the life sciences and advanced technology industries, serving over 300,000 customer locations in 180 countries [5] Leadership Experience - Simon Dingemans has extensive global leadership experience, previously serving as CFO of GlaxoSmithKline plc, Partner at Goldman Sachs, and Managing Director at The Carlyle Group [2][4] - Dingemans currently holds board positions at Vodafone Group Plc and WPP plc, and has a strong background in operational transformation and financial discipline [2][4] Strategic Goals - The Board aims to accelerate growth and profitability at Avantor, with Dingemans' experience expected to support the Avantor Revival plan [3] - Dingemans expressed commitment to driving operational improvements and deepening customer partnerships for sustainable long-term success [3]

Core Insights - Gabriele Maggio has been appointed as the new CEO of Twinset, succeeding Alessandro Varisco, following the brand's sale to Borletti Group and Quadrivio & Pambianco [1][2] Company Overview - Twinset is an Italian womenswear brand positioned in the affordable luxury market, reporting revenues of over 200 million euros and earnings before interest, taxes, depreciation, and amortization (EBITDA) exceeding 30 million euros in 2024 [3] Leadership Transition - Maggio's appointment is seen as a crucial milestone for Twinset, with expectations for him to leverage his extensive experience in the fashion industry to guide the company through growth and transformation [3][5] - His previous roles include CEO of Elisabetta Franchi, president and CEO of Stella McCartney, and general manager of Moschino, with over 25 years of experience in the fashion sector [2][3] Strategic Focus - Maggio is tasked with consolidating Twinset's market positioning, increasing investments in marketing and communications, particularly in digital channels, and pursuing retail expansion, including online growth [4] - The company aims to enhance its presence in established markets such as Spain, France, and Eastern Europe [4]

Core Insights - Blackstone Group is a leading global investment firm specializing in alternative asset management, with a diverse portfolio that includes private equity, real estate, and credit [1] - The company's strategic focus on data centers reflects its commitment to investing in infrastructure that supports technological advancements [1][3] - UBS has set a price target of $175 for Blackstone, indicating a potential upside of approximately 11.75% from its current trading price of $156.60, showcasing confidence in the company's market position and strategic investments [2][6] Company Performance - Blackstone's stock has shown recent trading activity between $150.94 and $157.30, with a market capitalization of approximately $187.93 billion, indicating its dominance in the investment landscape [4][6] - The stock has experienced significant price movement over the past year, with a high of $192.17 and a low of $115.66 [4] - Today's trading volume for BX is 5,039,799 shares, highlighting active investor interest in the company [5] Strategic Focus - The emphasis on data centers as a promising investment opportunity aligns with Blackstone's long-term growth strategy, particularly in the context of increasing investments in AI hardware [3][6] - Data centers are recognized as vital in supporting the digital economy and technological advancements, reinforcing their importance in Blackstone's investment strategy [3]

Core Insights - The financing transaction involved a $400 million ABS XI note structured as a master trust, which was utilized for direct acquisition financing without the need for a bridge facility, thus saving time and costs [1] - The ABS product is highlighted for its ability to optimize the cost of capital for buyers and maximize asset value for sellers [1] - The tranche notes were priced at a blended coupon of 5.97%, indicating a competitive financing cost [1] Company Overview - Legado Capital Advisors is a leading advisory and capital solutions firm specializing in structured finance, strategic transactions, and capital market execution within the oil and gas sector [1] - The firm emphasizes a relationship-driven approach and deep industry expertise to help clients optimize their capital structures and achieve long-term value creation [1] Strategic Partnerships - The ABS transaction leverages a previously announced strategic partnership between Diversified and The Carlyle Group, enhancing the financing's credibility and potential impact [1] - This partnership is expected to strengthen Diversified's capital structure and provide long-term, low-cost funding aligned with the high-quality asset profile of Canvas Energy [1]

MILAN — A new chief executive officer is expected at Italian fashion brand Twinset. Market sources say Gabriele Maggio, most recently CEO of Elisabetta Franchi, is joining Twinset, succeeding Alessandro Varisco. This follows the acquisition in June of 100 percent of the company by Borletti Group and Quadrivio & Pambianco, through the private equity vehicle Made in Italy Fund II, from The Carlyle Group. More from WWD Varisco joined Twinset in 2015 from Moschino, where he had led the brand since 2009. Befor ...

Opening Bid Unfiltered is available on Apple Podcasts, Spotify, YouTube, or wherever you get your podcasts. Keeping the United States safe comes with its share of investment opportunities for the financial services industry. Yahoo Finance Executive Editor Brian Sozzi talks on the Opening Bid Unfiltered podcast with Capitol Meridian Partners co-founder Brooke Coburn. Coburn was a founding member of the tech, media, and telecom practice at private equity powerhouse The Carlyle Group. Coburn co-founded Capitol ...