A $4 billion deal to take Brighthouse Financial private represents private equity’s boldest move yet into the insurance sector. The transaction could transform how $120 billion in insurance assets gets deployed across alternative investments.
Carlyle Group’s chief executive Harvey Schwartz has placed credit market turbulence on his watchlist while emphasizing current economic resilience. According to recent interviews, Schwartz noted portfolio companies continue demonstrating growth despite inflationary pressures. The private equity leader maintains cautious optimism amid late-cycle economic conditions.
Carlyle Group Inc.’s Chief Executive Officer Harvey Schwartz has identified recent credit market turbulence as an area of concern while simultaneously pointing to underlying economic strength, according to reports from a recent Bloomberg Television interview. Sources indicate Schwartz maintains what he describes as a “worry list” that includes credit volatility amid late-cycle economic conditions, though current data reportedly shows no immediate signs of deterioration.
