Korea Investment Holdings' subsidiary Korea Investment Securities announced on the 22nd that it held an event where the chief executive officer (CEO) of Carlyle Group, one of the world's largest private equity fund (PEF) management companies, directly met with domestic individual investors.
The event was attended by Harvey M. Schwartz, CEO of Carlyle Group, Jeff Nedelman, global client strategy chief, and Lee Soo-young, Asia strategy representative, among other key executives. This was Carlyle Group's first event targeting individual clients in Korea.
At the event, CEO Schwartz shared his thoughts on the medium- to long-term outlook for the U.S. economy, trends in the global private equity market, and credit investment strategies. He noted, "The uncertainty and volatility of the U.S. economy is both a crisis and an opportunity," adding, "Considering the proactive response of the U.S. for economic growth, it remains an attractive investment market with stability and opportunities."
Founded in the U.S. in 1987, Carlyle Group is one of the largest global investment companies, managing investment products across various asset classes. It has particular strengths in the fields of lending and structured bonds. As of the end of March this year, assets under management (AUM) are approximately $453 billion (around 630 trillion won).
Korea Investment Securities signed a strategic partnership with Carlyle Group in 2023, securing domestic exclusive sales rights for Carlyle's overseas credit products worth about $4 billion annually. Since launching a private fund of collateralized loan obligations (CLO) through collaboration between the two companies that same year, it has sold approximately 150 billion won approximately five times to date. Carlyle is regarded as a leader in the global CLO market, possessing long experience and about $50 billion in assets.
Kim Sung-hwan, president of Korea Investment Securities, said, "Having focused on building networks with global financial companies in the first stage, we are now at a turning point toward the second stage, where we will create tangible results with major global partners," adding, "We will continue to supply differentiated global financial products to our clients."