Glenn Youngkin: Building and Buying at Carlyle

In the second segment of a fascinating, in-depth interview, Glenn Youngkin, Managing Director and COO of The Carlyle Group, describes the firm’s unique approach to growing, scaling and keeping team members focused. Addressing the firm’s recent acquisitions of AlpInvest, NGP and Vermillion, Youngkin tells how Carlyle assess the ability to add investment capabilities via smart hires versus outright platform acquisitions. Also discussed: why scaling maters in alternative investing, the genius of the multi-fund construct, how the “One Carlyle” culture keeps professionals from “being stuck in silos,” and what the next strategic focus will be for the firm.