In this episode of the Rainmaker Podcast, Shane Clifford, Managing Director and Head of Global Wealth at Carlyle, discusses his extensive career journey from Ireland to significant roles at Merrill Lynch, BlackRock, Legg Mason, and Franklin Templeton. Clifford delves into Carlyle's strategic focus areas—insurance, credit, and wealth—and explains the firm's transition to perpetual, evergreen fundraising vehicles. He emphasizes the importance of personal connections and in-person interactions, advocating a hands-on approach to leadership and team management.

Clifford highlights the industry's challenges, such as the under-allocation to alternative investments in the U.S. compared to other markets and the crucial role of continuous education. He advises aspiring professionals to cultivate a strong work ethic, be present in the office to foster relationships, and pursue mentorship opportunities. Clifford underscores the significance of authenticity and passion in achieving career success, offering valuable insights into navigating the evolving landscape of wealth management and investment.