'Carlyle Is Dismantling U.S. Consumer Investing Team In Buyout Shift; Four Dealmakers Who Made Consumer Bets Were Asked To Leave; Shift In Focus Will Affect About A Dozen Carlyle Employees' - Bloomberg News
Portfolio Pulse from Benzinga Newsdesk
Carlyle Group Inc. is restructuring its private equity business in the US, moving away from consumer brands and focusing on core sectors like financial services and technology. The firm is dismantling its US consumer, media, and retail investing team and has asked four dealmakers to leave.
October 02, 2023 | 6:23 pm
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Carlyle Group's restructuring could lead to a short-term negative impact due to potential disruption and uncertainty. However, the shift towards financial services and technology could be positive in the long term.
The restructuring could cause short-term disruption and uncertainty, which may negatively impact the stock price. However, the shift in focus towards sectors like financial services and technology, which are currently performing well, could be beneficial in the long term.
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IMPORTANCE 75
RELEVANCE 100