Mason: Banks have a monopoly on extending credit
Eric Mason, the man behind Carlyle's leveraged finance activities in the region, says the subprime crisis is having a limited impact on the firm's plans.
Eric Mason joined the Carlyle Group in June 2007 to head the firm's leveraged finance team in Asia, based in Hong Kong. He explains why he remains optimistic about the opportunities in Asia despite the prevailing US subprime situation and liquidity down-cycle.
How is the subprime mortgage situation going to impact your business in Asia
The asset prices, valuations and terms and conditions for our target asset bases have improved, at the same time we would argue that based on...
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