The Carlyle Group related stories
All articles and analysis
Enough already: mega-fund bashing misses the pointAs limited partners continue to debate the merits of large buyout funds, evidence grows that they may not turn out to be the poor performers some had assumed.
- CalPERS debates mega-funds, hardline fee stance
The performance of mega-funds was a key point at a recent meeting, where a board member said he didn't understand why the pension continued 'to do business with the mega-funds'.
- PEI Awards: Oaktree, Apax retain crowns
The results are in: Oaktree and Apax are among the winners that have once again been honoured by peers in the PEI Awards. Meanwhile, TPG swept the boards in Asia, while Actis, Blackstone, Bridgepoint, Robeco, CalPERS, Temasek and Partners Group were also considered standouts by voters.
- Pay-to-play chief gets jail time
Henry Morris will serve up to four years in prison for strong-arming private equity firms into paying phony fees for commitments from New York State’s massive public pension.
- Carlyle names new CFO
Adena Friedman is joining The Carlyle Group, replacing Peter Nachtwey who resigned in December to join Legg Mason.
- Carlyle gets green light on $304m traffic safety deal
Carlyle and Macquarie will take private Melbourne-headquartered Redflex, the company behind cameras used in the US to catch red light runners.
- Carlyle sells steelmaker
The alternative asset titan has sold its majority stake in JMC Steel Group to minority shareholder Zekelman family.
- New Jersey considers big secondaries offering
The state’s $70bn pension is considering selling a big chunk of its private equity portfolio to pare down relationships and potentially 'kick-start' the programme that has been mostly inactive for two years.
- TPG Credit arm raises $605m aviation fund
The 6-year-old distressed debt affiliate -- which is also rumoured to be raising a new distressed debt fund -- beat its $400m target.
- Kinder Morgan commences $2.3bn IPO
The offering is poised to become the largest-ever private equity-backed initial offering in the US market for a group of funds managed by Goldman Sachs, Highstar, The Carlyle Group and Riverstone Holdings.