The Private Equity Veteran Going All Out on Extreme Weather Bets
People walk on a street covered in mud and debris caused by heavy rains in the Las Granjas neighborhood in Poza Rica, Veracruz state, Mexico on Oct. 14.
Photographer: Marco Antonio Perez/AFP/Getty ImagesJay Koh, a private equity veteran and former Carlyle Group Inc. executive, says investors should be paying a lot more attention to the new economy forming around extreme weather.
There’s now “more certainty about that trajectory of risk and impact than about the direction of interest rates, inflation, tariffs,” Koh said in an interview.