Expect Strong Second Half of Year for Private Equity: Carlyle's Steve Wise

Carlyle's Co-Head of American Private Equity, Steve Wise, says activity is starting to pick up in private markets, with credit markets in good shape and a good backdrop for M&A. In an interview on "The Pulse with Francine Lacqua" on June 9, Wise also discussed the strength of the US economy and why Carlyle is investing in the defense and industrial industries.