Converting to a corporation would improving the Carlyle’s share price and qualify for inclusion in more indices such as the Russel and the S&P. This move follows on the trend of other private equity firms such as Apollo, Blackstone and KKR that have converted their status to appeal to a wider group of investors.
When I read about recent WSJ articles highlighting the aggressive, business behaviors of young executives like Martin Shkreli or Travis Talanick , as the personality traits of rebels/entrepreneurs, I see something else: good old-fashioned, personal financial greed. (By Juan Ramon Zarco originally published in September 2017)
