Latest on Carlyle European Buyout - Have they got any chance after the restructuring? how is fundraising going?
Trending Content - Private Equity Forum
| +43 | Lateraling at senior associate / VP level | 15 | 11h |
| +27 | Imposter Syndrome: PE to Publics | 4 | 3d |
| +26 | Ares buying LGP...now what? | 8 | 2d |
| +19 | Do PE VPs Always Have An Associate Under Them? | 12 | 2d |
| +17 | GTCR vs BDT MSD vs MDP | 16 | 1d |
| +16 | Hours at MF Infra Funds in London | 2 | 19h |
| +14 | Setting the right LBO entry multiple without information | 3 | 6d |
| MBA to EM Infra Investing? | 3 | 3d | |
| +11 | Committing to CD&R? | 6 | 8h |
| +11 | London Version: PE Check-in on Attrition, Promotions and State of Play | 6 | 1d |
Career Resources
Based on the most helpful WSO content, Carlyle has faced challenges in recent years, particularly with leadership and performance issues. Their European Buyout team, like other parts of the firm, has been navigating a tough fundraising environment. While Carlyle had previously planned a record $26 billion buyout fundraise, the timing of the downturn has made it difficult for funds starting fundraising efforts recently. Allocators are reducing private equity exposure to maintain portfolio balance, which has impacted fundraising across the industry.
Carlyle's restructuring efforts and leadership changes have been noted, but there seems to be skepticism about their ability to regain top-tier status. Their performance has been described as "blah"—not disastrous but not exceptional either. Additionally, their announcements about weaker fundraising targets for the next decade suggest they are not currently competing at the level of top funds like Blackstone or KKR, which continue to beat targets despite extended timelines.
In summary, Carlyle's European Buyout team faces significant hurdles, and while restructuring might help, the broader challenges in fundraising and performance could limit their chances of a strong comeback in the near term.
Sources: Updated view on Carlyle (specifically TMT Group)?, Carlyle would be so cool if it were better and I wish it was, , Carlyle would be so cool if it were better and I wish it was, Partners Group AG vs. Carlyle Group
Sinking ship if we are talking specifically about this fund series. They report on their performance every quarter you can check for yourself.
I know - I am wondering whether they have a fighting chance to recover? They are fundraising and changed most of the senior team, allegedly did a couple of decent deals lately
Given the sustained period of underperformance I think they have a very though decade ahead. They will likely keep selling a European product but I don’t think that is the greatest place to be if you have other options
Very bad - dude their EU IRR is like ~2% over the last 15 years, in the best years for PE ever...
What went wrong with their investments / in their DD?
Ut molestiae voluptate error. Consectetur fugiat sunt qui alias. Quam dolores porro doloribus tempore reiciendis porro. Animi molestias iste voluptate doloremque tempora odit. Asperiores excepturi quisquam repellat magnam. Consequuntur delectus praesentium facere debitis assumenda nam quibusdam sapiente. Iusto quidem minus impedit praesentium enim vero ab.
Accusantium optio et provident ut facere tempore. Unde repellat hic tenetur delectus esse aliquid. Quam fuga corrupti aut deleniti aspernatur. Rerum omnis quod voluptatem amet. Debitis saepe dolores accusantium atque sunt. Animi ipsum et ad modi voluptatum et soluta rerum. Quod aut velit illum sunt sed perspiciatis porro.
Sunt quibusdam et rerum voluptatum fugit. Repellat quia omnis veniam. Exercitationem velit cumque non ipsam. Ipsum ut commodi error odio nesciunt quia dolorem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Accusantium dicta quaerat praesentium quia voluptas magnam sapiente. Vero et aut odio incidunt.