The Carlyle Group related stories
All articles and analysis
Credit Suisse hires two for Asian expansionFormer Bear Stearns senior managing director Steven Kwok and Standard Charter Private Equity's ex-Korea chief, Sokho Jung, will spearhead the Swiss bank's private equity expansion into Greater China and Korea.
- LS Power, GIP drop $7.8bn bid for power company
The private equity firms have said they reserve the right to file a new bid for TransAlta, a Canadian power generator that previously rejected their bid. TransAlta's shares were trading at $22.42 near the close of the market Thursday, a significant drop from the $39 per-share bid offered by the firms in July.
- Private equity buyouts decrease, shrink in size in 2008
Difficult financing conditions continued to soften global buyout activity for private equity firms, with deal volumes plunging 72 percent in the first nine months of 2008. The oil and gas and mining sectors as well as Japan, India and the Middle East remained bright spots.
- Insiders argue new US banking rules not 'panacea' for private equity
Relaxed guidelines for US banking sector investments will likely encourage more private equity deals, but some insiders, including Belvedere Capital founder Richard Decker, say they won't necessarily 'open the floodgates to private equity'.
- Oregon makes first ever Carlyle-affiliated commitment
The Oregon Investment Council has committed $100m to Riverstone/Carlyle Renewable & Alternative Energy Fund II and $200m to Alinda’s latest infrastructure vehicle.
- TPG loses remaining $1.3bn stake in WaMu collapse
The biggest bank failure in US history is also one of the biggest publicly disclosed private equity losses in history. TPG has stressed that the investment represented only a small portion of its diversified assets.
- Report: WaMu seeks private equity buyers
The ailing savings and loan had previously sought to be taken over by banking giants JPMorgan and Citi, but as such talks have not yet resulted in any deal, the bank is reportedly seeking a deal with Blackstone or Carlyle.
- Citi, Good Energies invest $140m in solar
The firms are among six private equity investors that have participated in SolarReserve’s secong round of financing.
- Carlyle-backed telecom company downgraded to Caa3
Carlyle and a group of local investors still own 100 percent of the equity of Hawaiian Telecom. A Carlyle-led consortium bought the company’s predecessor from Verizon Communications in 2005 for an enterprise value of $1.6bn.
- American Capital director selected to chair Freddie Mac
The selection of John Koskinen to lead the seized mortgage giant brings to three the number of private equity pros asked this month to head up troubled financial services companies.