Rubenstein Says Carlyle Moving Beyond Buyouts Ahead of IPO
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David Rubenstein, co-founder of the Carlyle Group, said the second-largest private-equity firm is diversifying beyond buyouts as it decides whether to go public.
“We are diversifying because you don’t want to put all your eggs in one basket,” Rubenstein said in a Bloomberg Television interview with Willow Bay and Cristina Alesci today. There’s a limit to how much money can be put to work in leveraged buyouts in the U.S., he said.