The Carlyle Group Inc. is a multinational private equity, alternative asset management and financial services corporation based in the United States with $376 billion of assets under management. It specializes in private equity, real assets, and private credit. It is one of the largest mega-funds in the world. In 2015, Carlyle was the world's largest private equity firm by capital raised over the previous five years, according to the PEI 300 index. In the 2023 ranking however, it had slipped to fifth place.
Carlyle led the $15 billion buyout of Hertz in 2005
David Mark Rubenstein is an American billionaire lawyer, businessman, investor, philanthropist and sports team owner. A former government official, he is a co-founder and co-chairman of the private equity firm The Carlyle Group, a global private equity investment company based in Washington, D.C. Additionally, he is the owner of the Baltimore Orioles.
Rubenstein in 2024
Rubenstein (left) speaks with US Secretary of State Mike Pompeo in 2019
Rubenstein and other Orioles ownership group members with Maryland Governor Wes Moore on Opening Day, 2024.