It's A Special Situation: Rodney Cohen In Talks To Join Carlyle Group
The Carlyle Group has lots of different private equity fund strategies, but none would be described as turnaround or special situations. That may be about to change. peHUB has learned that the firm is in talks to hire Rodney Cohen, co-managing partner of Pegasus Capital Advisors. The two sides have not yet reached a final agreement, but sources tell peHUB that they are close. Were Cohen to join, the most likely scenario would be that he'd help Carlyle launch a special situations fund later this year. The firm does have a pair of "Strategic Partners" vehicles, but both of them focus more on debt than on equity.
9 June 2010•1 min read
