(Reuters) -Harvey Schwartz, CEO of the Carlyle Group, says his agency is actively looking for alternatives to deploy a few of the agency’s $80 billion in free capital into new investments.
Schwartz, talking to the annual Milken Institute’s international convention, stated the timing of any new investments will rely on getting readability into the administration’s tariff insurance policies.
Carlyle’s current portfolio corporations are being “very tactical and hyper-strategic” in deciding the best way to negotiate the present unsure atmosphere, Schwartz stated.
“In case you have scale, in case you have monetary flexibility, you might select to lean in an be very aggressive,” he stated, including that some could even decide to grab the possibility to purchase market share.
Schwartz additionally stated he believes that the present unsure atmosphere nonetheless makes it tough for smaller and mid-market corporations to go public, though he expects administration insurance policies will assist tackle that drawback.
(Reporting by Suzanne McGee, Enhancing by Franklin Paul)
