Carlyle CEO Lee Says Pricing Pressures Are Likely Temporary

Pricing pressures, including rising wages, are likely temporary, said Carlyle Group Inc. Chief Executive Officer Kewsong Lee.

“The inflation we are seeing is more persistent than people thought” but over the long term it’s less of a concern, Lee said in Bloomberg Television interview Thursday.

WATCH: Carlyle CEO Kewsong Lee says rising wages are likely temporary.

(Source: Bloomberg)

The current economic environment presents opportunities for investment for Carlyle, he said.

Among his other comments:

• The low-yield environment is likely to persist
• The digital transformation occurring globally will also create buyout and growth investing opportunities

Carlyle reported third-quarter earnings Thursday that beat estimates as the firm capitalized on the robust deals market. ...