Carlyle Group followed the lead of larger rivals KKR and Apollo Global Management by tying the pay of dealmakers and senior employees more closely to investment outcomes.
Expectations were high for the funds since they allow investors to gain exposure to Bitcoin in traditional brokerage accounts instead of through crypto-native startups.
Higher borrowing costs, volatile markets and economic uncertainty have made it more difficult for private equity firms to exit their existing investments through sales or initial public offerings.
Samsung Chairman Lee Jae-yong Acquitted of Stock Market Manipulation in South Korea, Released from Jail to Support South Korea Economy on Parole in 2021 for Bribery & Embezzlement 10th February 2024 | Hong Kong Samsung Chairman Lee Jae-yong (Gran