Tuesday, July 13, 2021

Carlyle Group Backs disguise

 IBC Daily reported on The Carlyle Group's taking a majority interest in disguise, a firm involved in extended reality and virtual production.  Extended reality consists of three altered realities.

Carlyle owns thousands of companies and is able to drive significant new business to disguise.  Carlyle co-founder David Rubenstein has long lamented private equity's poor public perception.  That might be because most workers have experienced a PEU buyout and post closing carnage in their lifetime.  

Carlyle has a new tool to sell the PEU model to the public.  Ironically it's called disguise.  disguise could team up with new Carlyle affiliate 1E to truly torment the average worker.  

Update 7-14-21:  Someone else noticed a gathering of policy making billionaires like Carlyle's David Rubenstein.  It wasn't Davos or the Milken Institute gathering but it attracted the same crowd.  

We are developing a private class of billionaire kings whose will is omnipotent and untouchable by any democratic force.

The greed and leverage boys perfected the model.

Update 7-20-21:  Carlyle bought LiveU, another video streaming and remote production solutions company.  Does this mean more David Rubenstein videos? Can we get him live talking to Congressional representatives about retaining preferred carried interest taxation?