Carlyle Group and Energy Companies

David Albert: In the meantime, they issue debt, according to Bloomberg. The environment for credit investing is more attractive today because nobody in the energy sector wants to sell their assets unless they absolutely have to, Carlyle Group LP David Albert, co-head of the Carlyle Energy Mezzanine Opportunities Fund, said at the summit. That the view of fund managers and investors at the Energy & Natural Resources Summit at the Super Return U.S. 2015 in Boston on Monday, who said struggling companies are concerned about selling equity at bargain-basement prices and instead are waiting for commodities to return to prior levels. That makes attempts to buy assets challenging. While that squeezed many energy companies, it also kept them off the market, leaving private-equity investors feeling hungry, as Apollo Global Management LLC Greg Beard put it. Oil prices that dropped as much as 60 percent in the past year were at about $60 a barrel in New York on Monday, well below the average of $90 over the past five years. (news.financializer.com). As reported in the news.