Co-Founder & Co-Chairman of the Board, Carlyle
Search every verified William Conway interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. At the Global Financial Leaders’ Investment Summit in November 2022, Conway described Japan as the market he "probably prefer[s] the most today," noting that the yen's decline from 105 to 150 against the dollar meant "everything's on sale in Japan for people who have dollars." He added that private equity investors could borrow cheaply in Japan and that hedging the yen could provide positive carry. He also said that Europe would likely become an attractive market "a couple of years from now" but not yet, and that the U.S. remained the place with the most advantageous opportunities due to rule of law and transparency. In earlier appearances, Conway discussed Carlyle's decision to go public, saying it was driven by the firm's growing investments in its own funds, the need for a currency for acquisitions, and providing liquidity for partners. He has described emerging markets as "a great place to invest" on a risk-adjusted basis, and specifically called China "the single most attractive place in the world for us to invest at the moment," citing its growth rate and shift toward consumer spending. He also expressed confidence in Saudi Arabia's investment reforms under the crown prince, while stating he has "concerns about rule of law in every country in which we invest." In philanthropic remarks, Conway has urged graduates to "make a difference" and emphasized that "every day there's plenty of opportunities to make a difference and you don't have to be a superhero to do it."
“I have to give a couple of caveats — any prediction people make should be understood in that light. Secondly, our analysis shows that there's very little correlation between the performance of the economy and the performance of equity markets.”
“For me the market I probably prefer the most today would be Japan — the Yen has gone from 105 to 150 in a matter of months and everything's on sale in Japan for people who have dollars.”
“Generally we hedge our equity position to the dollar; I'm not a professional currency hedger and I like to make money on the performance of our businesses as opposed to the performance of the currencies, but the currency is likely to be weak as long as the Japanese economy and the people running it are focused on tryin...”
“Another advantage in investing in private equity in Japan is that you can borrow money so cheaply — rates there are Tibor at zero and plus one and a half or two percent, so it's cheap to borrow and the leverage you can put on transactions inflates the equity returns.”
“A private equity fund is invested over a period of three or four or five years — it's not invested all right away — and so I think a couple of years from now Europe will be on sale because it's so horrible there and likely to get worse; I'd probably think that would be an attractive market but not yet.”
“The currency is infinitely hedgeable because the Japanese interest rate is so low — hedging can give you positive carry because people effectively pay you to bet against the Yen.”
“Private equity is different because we count on our limited partners to provide the money we raise; I have 800 investment professionals around the world — their job is to find deals — and a private equity fund's deployment profile shapes where and when we invest.”
“I really have to admit I feel troubled by the nursing students who aren't Conway scholars and I'd like to think long-term how I'm gonna do something about that because I don't think there's that much difference between the Conway scholar and not a Conway scholar.”
“Nationally about 85 to 90 percent of the students after studying for two to four years passed the test. Last year 29 Trinity students took the test and all 29 passed, 100 percent.”
“I went online and I said I'm going to take the NCLEX test and well do you want to study for that? I said no, no I don't need to study, I'm a smart guy. I made a lot of money, I know what I'm doing. I can pass this test. And the average monkey score, the person picking at random and knowing absolutely nothing would get...”
“You are fortunate, you are unique, and you can make a difference. First, you're fortunate as I said earlier, you've got a degree from Trinity. Hopefully you've learned the value of your education is a lot more than ability to get a job; it's how to learn, how to listen, how to live.”
“However, as unique as you are and everybody is unique, you're not the center of the universe. In a lot of times, everybody thinks they're the center of the universe. I'm reminded of a story about Albert Einstein... Einstein says, 'I know who I am too, but I don't know where I'm going now.' If Einstein didn't know where...”
“The opportunities to make a difference can be small or big. We tend to think there's some seminal moment in your life that will make all the difference. It doesn't work like that. Every day there's plenty of opportunities to make a difference and you don't have to be a superhero to do it, but what you do when the time...”
“One example is a young man named Raquan Brown, a 17-year-old straight-A student and star football player. After his stepfather and a teammate were shot and killed, he started a clothing company and donates 20 percent of the proceeds to be used to purchase guns and get them off the streets. Talk about making a differenc...”
“Another example is Pope Francis who apologized publicly for losing his patience and said, 'So many times we lose our patience, me too, and I apologize for yesterday's bad example.' Somebody else making a difference in a normal kind of everyday thing.”
Global Financial Leaders' Investment Summit: Conversations with Global Investors Date: 3 November 2022 (Thursday) Panel 1: ...
William E. Conway Jr. delivers the 2020 Winter Graduation Keynote at Trinity Washington University #TrinityDC.
Part 11: • Conway on Eminem Hearing Their Music, Sign... Part 9: • Conway: Jewish Label Execs Had a Problem w... Part 1: • Conway on Meeting His Father at 15: I Didn... ---------- Conway opened up to VladTV about naming his label Griselda Records after being shot. He also explained how it bothered him that Benny the Butcher didn't see him in the hospital, but Conway added that he understood after they talked. To hear more, including people thinking he died in the hospital, hit the above clip.
Highlights from the dedication of SOME's Conway Center, the first facility in the District to combine affordable housing, healthcare, and job training under one roof. Featured speakers include SOME President Fr John Adams, William Conway Jr., Cardinal Wuerl, and more. The dedication took place on May 19, 2018. Video by Thom Wolf.
CNBC's Michelle Caruso-Cabrera reports on her conversation with Carlyle Group CEO William Conway, Jr. discussing new ...
Speaker: William Conway Date: May 18, 2014 Location: SEVERANCE HALL -- Home of The Cleveland Orchestra This motion ...
At the 2012 Dow Jones Private Equity Analyst Conference in New York, Carlyle Group Co-CEO Bill Conway answers a question ...
Dec. 9 (Bloomberg) -- William Conway, the dealmaker who helped build Carlyle Group into the world's second-biggest ...
The Carlyle Group's co-founder says that the firm 'can not put enough money in China.'
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