Singapore best place for private equity firms: Carlyle co-founder

Billionaire David Rubenstein predicts faster growth in Asia-based companies

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David Rubenstein, co-founder of the Carlyle Group, says the greatest growth in the world "is going to be in Asia." © Reuters

ALEX FANG, Nikkei staff writer

GREENWICH, U.S. -- Singapore may be the best place to start a private equity firm, according to David Rubenstein, co-founder and co-executive chairman of industry heavyweight Carlyle Group, who expects Asia-based firms to be faster-growing than their Western counterparts.

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