Carlyle Shares Edge Toward Key Level With New Defense Focus
Carlyle Group Inc. brought CG shares into focus before Nasdaq’s open on Wednesday, after rolling out a new middle-market platform for aerospace, defense, government and industrial deals in the U.S. and Europe. The initiative targets smaller and mid-sized firms. Ian Fujiyama, global head of aerospace, defense and government, called it a “natural extension.” Vice Chairman James Stavridis said now is a “multi-decade investment opportunity.” Retired Gen. Bryan Fenton said there’s a need for “resilient supply chains.” Defense budgets, supply-chain security and industrial capacity are playing a bigger role in private equity investment cases. Carlyle is pushing to turn that trend into a more targeted stream of deals as investors look ahead to Chief Executive Harvey Schwartz’s appearance later Wednesday at
