The Carlyle Group’s co-chief executive Glenn Youngkin responded to criticism from a US congresswoman by saying the industry has not done a “great job in helping people understand what we do” – a point made by many other senior executives at buyout groups.
Speaking at the SuperInvestor conference held in Amsterdam this week, Youngkin responded to a tweet by Alexandria Ocasio-Cortez, who said buyout groups’ “predatory practices actively hurt millions of Americans”.
