|
David Mark Rubenstein (born August 11, 1949) is an American financier and philanthropist best known as co-founder and co-chief executive officer of The Carlyle Group,〔(The Carlyle Group - Team - David M. Rubenstein ) January 2014〕 a global private equity investment company based in Washington D.C. He is also currently serving as chairman of the Kennedy Center for the Performing Arts and chairman of the board of trustees at Duke University, his alma mater.〔 According to the ''Forbes'' ranking of the wealthiest people in America, Rubenstein has a net worth of $2.5 billion.〔 ==Early life and career== Rubenstein grew up an only child in a Jewish family in an exclusively Jewish neighborhood in Baltimore. He graduated from the college preparatory high school Baltimore City College, and then from Duke University ''magna cum laude'' in 1970. He earned his law degree from the University of Chicago Law School in 1973, where he was an editor of the ''University of Chicago Law Review''. From 1973 to 1975, Rubenstein practiced law in New York with Paul, Weiss, Rifkind, Wharton & Garrison. Prior to starting Carlyle in 1987, with William E. Conway, Jr. and Daniel A. D'Aniello, Rubenstein was a domestic policy advisor to President Jimmy Carter and worked in private practice in Washington, D.C. Although in 2006 private equity activity was booming and larger companies than ever before were bought out, insiders feared the day that it would abruptly end. On two different occasions David Rubenstein expressed this fear. In January 2006, he stated: “This has been a golden age for our industry, but nothing continues to be golden forever".〔International Herald Tribune, Online Version, January 27, 2006〕 One month later, he emphasized this concern more explicitly: "Right now we're operating as if the music's not going to stop playing and the music is going to stop. I am more concerned about this than any other issue",〔Reuters, February 22, 2006〕 These concerns proved to be right as at the end of 2007 the buyout market collapsed. This collapse can largely be attributed to the credit crunch, which significantly increased the cost of borrowing. As leveraged loan activity came to an abrupt stop, private equity firms were unable to secure financing for their transactions. As the consequences of the credit crunch unveiled themselves, many previously announced buyouts were cancelled. In May 2008 David Rubenstein stated: “But once this period is over, once the debt on the books of the banks is sold and new lending starts, I think you'll see the private equity industry coming back in what I call the Platinum Age - better than it's ever been before. I do think that the private equity industry has a great future and that the greatest period for private equity is probably ahead of us.”〔Knowledge@Wharton, University of Pennsylvania, May 6, 2008〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「David Rubenstein」の詳細全文を読む スポンサード リンク
|