Carlyle’s Brian Bernasek: PE and Unions Can Get Along

Brian Bernasek, a Managing Director and top industrials investor within The Carlyle Group, discusses the changing relationship between private equity firms and unionized businesses. He describes Carlyle’s investment in Allison Tranmission, a deal ejphelps in which “we made labor partners with us” via bonuses and other incentives that better aligned employees with management and the equity sponsors.