Private Equity
The Carlyle Group LP appears to be accelerating a strategy of using the firm’s own balance sheet to grow through acquisition.With a clutch of deals at the end of 2012, the Washington, D.C., buyout mega-firm has swelled its assets under management to $170 billion, at least on a pro forma basis, to the extent that even experienced market watchers may have to look twice to distinguish Carlyle Group’s strategic acquisitions from targets for its private equity portfolio.
7 min read · 14 January 2013
3 min read · 14 January 2013
The Riverside Company has approached the midway point of its fundraising target for its sixth flagship buyout fund, a vehicle that is seeking as much as $1.5 billion, a source with knowledge of the Cleveland buyout shop’s activities told Buyouts.
2 min read · 07 January 2013
With a stumbling economy under the threat of a “fiscal cliff,” market watchers toward year-end warned that 2013 could prove difficult for portfolio companies that are already burdened with a heavy load of debt.
4 min read · 24 December 2012
2 min read · 24 December 2012
The collateralized loan obligation market has snapped back briskly, with a $620 million vehicle from The Carlyle Group capping a year when volume nearly quadrupled to roughly $50 billion in new CLO issuance.
2 min read · 19 December 2012
If the Securities and Exchange Commission is slow to implement the marketing exemption of this year’s JOBS Act, it may be because regulators fear opening a vector that could be a “shill for fraudulent vehicles,” Robert B. Kaplan, a partner in the law firm Debevoise & Plimpton LLP, told sister magazine Buyouts.
3 min read · 17 December 2012
Audax Group, the Boston firm whose two founders trace their roots to Bain Capital, announced that it has closed the fourth iteration of its flagship fund at its hard cap of $1.25 billion.
3 min read · 11 December 2012
Audax Group, the Boston firm whose two founders trace their roots to Bain Capital, announced that it has closed the fourth iteration of its flagship fund at its hard cap of $1.25 billion. The tally was 25 percent ahead of the $1 billion target for Audax Private Equity Fund IV.
2 min read · 10 December 2012
3 min read · 10 December 2012
