The Carlyle Group related stories
All articles and analysis
Carlyle declines to bid for NeubergerThe global buyout firm had objected to the $2.15bn bid submitted by Bain Capital and Hellman & Friedman and said the bankruptcy auction process was driving away alternative bidders.
- Close Brothers Private Equity spins out
Close Brothers Group will not commit to the newly independent firm CBPE Capital’s next fund, which will raise around £500m.
- BMB grows emerging markets footprint
The Brunei-based alternatives manager has bought EMP Global, an emerging markets private equity firm. EMP's heavy-hitting chairman, former World Bank chief and Pakistani prime minister Moeen Qureshi, joins BMB’s senior management.
- CCMP Asia closes $1.2bn Fund III
The Asia-focused buyout firm has wrapped up fundraising more than $1bn shy of its original target.
- Lehman group wins Neuberger auction
A management group from Lehman Brothers beat out a $2.15bn bid from Bain Capital and Hellman & Friedman for the bank's investment management division, which includes infrastructure and some private equity businesses.
- Carlyle-backed Hawaiian Telecom files bankruptcy
The largest telephone carrier in Hawaii cited a heavy debt load, increased competition and market turmoil as reasons to seek protection under Chapter 11 while it restructures its business.
- Carlyle cuts 10% of staff
The global buyout firm will eliminate 100 jobs and close its Menlo Park office to adjust to the contractions in global financial markets. It recently closed its Warsaw office and eliminated its Asian leveraged finance team.
- Buyout firms line up for Telvent
KKR is among the private equity firms preparing a bid for Spanish IT firm Telvent, which is currently majority-owned by Spanish conglomerate, Abengoa. Permira and The Carlyle Group have also been linked.
- ING trims Asian leveraged finance team
The Dutch financial firm expects lower deal volume, but will remain active in the region through its Hong Kong, Tokyo and Singapore offices. Separately, the heads of leverage finance for Citi Australia and UBS have resigned.
- Carlyle shutters CEE, Asian leveraged finance operations
The private equity firm will continue to invest in these regions, but has decided dedicated teams weren’t warranted given global financial turmoil coupled with the ‘difficult investment’ climate.