The Carlyle Group

also referred to as: carlyle · carlyle group

14 statements across 7 episodes · 4 bullish · 2 bearish · 7 people on the record · first statement Aug 20, 2018 by Josh Wolfe · said 93 times in 27 episodes since 2018 · across every show →

Mentions by year

brought up most by David Rubenstein (24), Ted Seides (19), Mark Johnson (9), Andrew Tsai (9), Josh Wolfe (6), Brendan Ballou (5), Wylie Fernyhough (2), Sachin Khajuria (2)

tap a year for its mentions
0030460820182019202020212022202320242025episodesmentions
04820182019202020212022202320242025episodes it came up in
00448820182019202020212022202320242025episodesmentions per episode
2025 2 mentions in 2 episodes 1 per episode
2024 2 mentions in 2 episodes 1 per episode
2023 9 mentions in 5 episodes 2 per episode
2022 6 mentions in 5 episodes 1 per episode
2021 58 mentions in 8 episodes 7 per episode
2020 1 mention in 1 episode
2019 2 mentions in 2 episodes 1 per episode
2018 13 mentions in 2 episodes 7 per episode

every mention, scene by scene, with the transcript →

Everything said about The Carlyle Group, oldest first

Aug 20, 2018
Assertion Supported
Wolfe: Carlyle Co-Founder Bill Conway Seeded Lux Capital and Its Management Company
“Bill Conway, who was one of the founders of Carlisle, and he's not really bullish on venture. I mean, Carlisle is, you know, one of the greatest private equity and buy-off funds, But he doesn't love venture capital, but there was something, whether it was the …”
Josh Wolfe Aug 20, 2018 ▶ 14:51 Josh Wolfe – Seeing the Lux (Capital Allocators, EP.65)
Jul 12, 2021 neutral
Assertion Partly supported
Rubenstein: Carlyle Group launched with four co-founders and $5M
“We had four of us at the beginning. The person from Marriott, his name was Steve Norris, joined us. Then we went out, and he recruited, with my help, another guy from Marriott, Dan Daniello, and then we recruited Bill Conway, who was then the CFO of MCI. Those…”
David Rubenstein Jul 12, 2021 ▶ 8:59 Private Equity Masters 4: David Rubenstein – Carlyle Group (Capital Allocators, EP.203)
Jul 12, 2021 neutral
Assertion Supported
Rubenstein: Blackstone, KKR, and Apollo lacked global footprints when Carlyle expanded
“Blackstone, KKR, and Apollo really hadn't built international businesses, honestly, at that time, as we were beginning to do it.”
David Rubenstein Jul 12, 2021 ▶ 22:40 Private Equity Masters 4: David Rubenstein – Carlyle Group (Capital Allocators, EP.203)
Jul 12, 2021 positive
Assertion Supported
Rubenstein: Carlyle stock performed better after founders stepped back
“Our stock price has done much better under this way than when Bill and I were running it”
David Rubenstein Jul 12, 2021 ▶ 45:59 Private Equity Masters 4: David Rubenstein – Carlyle Group (Capital Allocators, EP.203)
Jul 12, 2021
Disclosure
Rubenstein: Family office enables higher-risk investments than Carlyle allows
“I decided I would do it for a couple of reasons. One, I can diversify. Carlisle doesn't invest in every area. Two, I could be more involved in some ways by taking bigger risk if it's my money. I don't have a fiduciary responsibility to outsiders. So I could ta…”
David Rubenstein Jul 12, 2021 ▶ 57:00 Private Equity Masters 4: David Rubenstein – Carlyle Group (Capital Allocators, EP.203)
Jul 12, 2021 neutral
Assertion Supported
Rubenstein: Blackstone, Carlyle, KKR, Apollo make 95% of profits in developed markets
“In the end, if you look at the large firms that we're now talking about, and I'll use the four big ones, Blackstone, Carlyle, KKR, and Apollo. They make 95% of their money in the developed markets. I'm counting China and India, I suppose, is developed for this…”
David Rubenstein Jul 12, 2021 ▶ 31:13 Private Equity Masters 4: David Rubenstein – Carlyle Group (Capital Allocators, EP.203)
Jul 12, 2021 neutral
What-if
Rubenstein: Carlyle could have been more profitable with a cutthroat culture
“We could have made more money and been more profitable had we been more cutthroat in hindsight.”
David Rubenstein Jul 12, 2021 ▶ 29:48 Private Equity Masters 4: David Rubenstein – Carlyle Group (Capital Allocators, EP.203)
Jul 12, 2021 negative
Disclosure
Rubenstein: Carlyle sold Amazon at IPO and passed on Facebook and Netscape
“Well, the mistakes that I made and not pursuing Mark Zuckerberg when he was at Harvard, when my now son-in-law was prepared to introduce me to him, or when we kind of sold our stake in Amazon at the IPO. And then also a young man showed up in our office one ti…”
David Rubenstein Jul 12, 2021 ▶ 1:00:47 Private Equity Masters 4: David Rubenstein – Carlyle Group (Capital Allocators, EP.203)
Jul 12, 2021 negative
Assertion Not checkable as stated
Rubenstein: Carlyle traded at lower valuation than Blackstone due to fee neglect
“When Carlisle first went public, we were well known, but we weren't as highly valued as Blackstone because we had not focused on fees that much.”
David Rubenstein Jul 12, 2021 ▶ 35:54 Private Equity Masters 4: David Rubenstein – Carlyle Group (Capital Allocators, EP.203)
Oct 11, 2021 positive
Assertion Not checkable as stated
Blackstone, Carlyle, and KKR reoriented their businesses around the wealth channel
“There are Many well-known institutional alternative asset managers who have now really reoriented their entire businesses around the wealth channel and the high net worth channel. Blackstone, of course, being one, Carlyle being another, KKR, but it's not limit…”
Matt Brown Oct 11, 2021 ▶ 20:45 Matt Brown – Democratization of Alternatives at CAIS (Capital Allocators, EP.214)
Jul 18, 2022 positive
Insight
Giannini: Top PE firms succeed with small, shared decision-making teams
“When you look at KKR, there's two people. When you look at Carlyle, there's three people. When you look at some of the great firms, That have done really well in our industry. It is not one person and it's not 15 people. So I think you have to have this group …”
Mario Giannini Jul 18, 2022 ▶ 17:33 Mario Giannini – View from the Top of Private Equity at Hamilton Lane (Capital Allocators, EP.262)
Sep 15, 2022 neutral
Assertion Partly supported
Stavros: Top PE firms each control up to one million employees
“Or in a more concentrated way, could you convince Blackstone, Carlyle, TPG, Apollo, Aries, Warburg, Pincus, Bain, a handful of companies which each control half a million, million employees.”
Pete Stavros Sep 15, 2022 ▶ 44:46 SPECIAL ANNOUNCEMENT: Private Equity Deals Podcast
Dec 5, 2022 positive
Insight
Khajuria: Blackstone and Carlyle are the big tech equivalents of finance
“You need to, as somebody with a retirement account, know about Blackstone, Cardile, etc. You should, because these are kind of the equivalent of those big tech names that I talked about. It's big finance, or it's what I call, you know, mainstream active asset …”
Sachin Khajuria Dec 5, 2022 ▶ 25:54 Sachin Khajuria – Two and Twenty, An Insider's Take on Private Equity (Capital Allocators, EP.285)
Oct 14, 2023 neutral
Assertion Supported
Carlyle, Hg Capital, and SoftBank Used NAV Loans for Distributions
“Carlyle, HG Capital, and SoftBank reportedly used NAV loans to distribute capital this year.”
Ted Seides Oct 14, 2023 ▶ 5:27 WTT - NAV Loans: Canary or the Gold Mine?
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 700 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.