Private equity firm Carlyle Group reported a surge in profits, driven by successful deals and a robust performance in its credit and insurance segments. CEO Harvey Schwartz addressed investor concerns about potential software industry disruptions due to AI, expressing confidence in the sector’s long-term value. While acknowledging some impact, Schwartz emphasized Carlyle’s expertise in navigating evolving markets and identifying growth opportunities within the software space. The firm’s overall positive results underscore the continued strength of private equity despite broader economic uncertainties.
Carlyle allays software fears, private-equity deals boost profit
