The Carlyle Group related stories
All articles and analysis
Alberta to build direct PE team in-houseLeo de Bever, head of the C$70bn Alberta Investment Management Corporation, said money managed by external GPs costs ‘nine times what it costs me internally’.
- SEC targets placement agents, political contributions
The SEC is attempting to prevent private equity firms from using placement agents when dealing with US public pensions. The agency also wants to eliminate the political contribution factor from the interaction between investment firms and public pension officials.
- Carlyle pays $20m fine to 'resolve its role' in scandal
New York Attorney General Andrew Cuomo has reached a resolution with The Carlyle Group under which the firm has pledged to avoid hiring placement agents to obtain investments from New York’s public pensions. Carlyle also agreed to pay $20m to ‘resolve its role’ in the pension pay-to-play investigation.
- Primus-led consortium takes Nan Shan for $2.15bn
The Hong Kong-based private equity firm and China Strategic Holdings beat off competitors including Carlyle, Bain and MBK Partners.
- Schwarzman: 'The worst is behind the industry'
Blackstone chief executive Stephen Schwarzman has reportedly told investors it is planning up to 13 exits in the near future.
- UK government eyes £16bn asset sale bonanza
Prime minister Gordon Brown has unveiled proposals to sell ‘non-financial’ assets including transport infrastructure, student loans, a uranium processing business and a state-owned bookmaker.
- Image problems
The Simmons Bedding saga underscores that firms must be more proactive in touting positive deal outcomes, writes Christopher Witkowsky.
- China Strategic teams up with Primus Financial for Nan Shan
The Hong Kong-listed company has bolstered its HK7.6bn bid for AIG’s Taiwanese unit by joining forces with the financial services specialist.
- Cuomo seeks to convert NY Common to board model
New York Attorney General Andrew Cuomo has introduced legislation with several state senators to jettison the state’s single trustee model in favor of a board of trustees.
- Report: Primus wins Nan Shan bid
The Hong Kong-based private equity firm reportedly beat a higher bid and will acquire AIG’s Taiwanese unit for $2.2bn.