Carlyle’s Lee Aims to Raise $130 Billion While ‘Thinking Bigger’
- Alternative asset manager to hold investor day event Tuesday
- Firm plans to double distributable earnings to $1.6 billion
Kewsong Lee
Photographer: Christopher Goodney/BloombergThis article is for subscribers only.
Carlyle Group Inc. is embarking on a multi-year plan to supercharge growth and raise more than $130 billion.
Senior managers led by Chief Executive Officer Kewsong Lee will lay out their strategy Tuesday during the firm’s first investor day since 2013. The team will be tasked with expanding core businesses and meeting new financial targets.