The Carlyle Group
News and overview for The Carlyle Group
Benjamin H. DeBerry Joins Slayton Search Partners [Press Release]
Business Wire | 5 hours 33 minutes ago
Executive search firm Slayton Search Partners announced today that Ben DeBerry has joined their Chicago office and will serve as an Executive Vice President in the Firm’s Consumer and Industrial Practice groups and will also manage the Chicago office.
Carlyle Cutting Staff by 10%, or 100 Jobs - Mergers, Acquisitions, Venture Capital, Hedge Funds -- DealBook
New York Times, The | 35 days 17 hours 54 minutes ago
The Carlyle Group, the big private equity firm, said Wednesday that it was cutting about 100 jobs, or 10 percent of its work force, citing extraordinary market conditions.
Carlyle Suing Rival Over a Deal in China
Wall Street Journal, The | 29 days 10 hours 31 minutes ago
HONG KONG -- U.S. private-equity firm Carlyle Group is suing a former business partner turned competitor for US$206 million, alleging he unlawfully thwarted its investment in a Chinese medical-research company.A Carlyle-managed Asia fund is seeking damages from Neil Shen, a managing partner of the China affiliate of U.S. venture-capital firm Sequoia Capital. The Carlyle fund alleges Mr. Shen thwarted its investment in Green Villa Holdings Ltd. by backdating an investment agreement with the co...
General Dynamics Completes Acquisition of AxleTech International [Press Release]
PRNewswire | 2 days 21 hours 33 minutes ago
...AxleTech International from The Carlyle Group, a Washington, D.C.-based...available at www.gd.com The Carlyle Group is a global private equity firm...approximately $225.8 billion. The Carlyle Group employs more than 1000 people...
Carlyle sells car-component manufacturer
Broadgate Private Equity SmartBrief | 1 day 12 hours 33 minutes ago
The Carlyle Group has sold AxleTech International, a car-component manufacturer, to General Dynamics for an undisclosed amount. The company will be assimilated into General Dynamics' Armaments and Technical...
Carlyle Feels the Squeeze: Layoffs
Wall Street Journal, The | 35 days 17 hours 34 minutes ago
Carlyle Group LLC is cutting 10% of its staff, the first large U.S. private-equity firm to announce firmwide layoffs as the industry braces for leaner times.The Washington buyout shop will cut about 100 positions, the first layoffs in Carlyle's 20-year history. Other large firms also are considering cutbacks, according to two people familiar with discussions.
Carlyle shuts operations in Asia, eastern Europe
Wall Street Journal, The | 44 days 19 hours 24 minutes ago
Carlyle Group has shuttered its central and eastern European operations and closed its new Asian leveraged-finance team.The U.S. buyout firm has shed 17 staff members in one of the first major examples of the private-equity industry scaling back, having so far avoided large layoffs that have occurred at investment banks and elsewhere in the financial-services industry.
RMI Announces Retirement of President Mac Purdy [Press Release]
Business Wire | 2 days 7 hours 33 minutes ago
RMI, the largest independent provider of comprehensive rail information services to the transportation industry, reports that Mac Purdy, President of RMI, has announced his intent to retire at the end of the year. “We are happy for Mac and thankful for the many contributions he has made to RMI’s success. We will all miss him on both a personal and professional basis,” says Pete Kleifgen, CEO of RMI.
Greg Margolies to Join Ares Management LLC [Press Release]
Business Wire | 1 day 2 hours 57 minutes ago
Ares Management LLC today announced the appointment of Greg Margolies as a Senior Partner and head of the firm’s Capital Markets Group.
Buyouts Plummet 71% In 2008; Carlyle Leads Dealmakers -Study
Wall Street Journal, The | 2 days 1 hour 29 minutes ago
LONDON (Dow Jones)--Private equity-backed mergers and acquisition deals dived 71% in 2008 as frozen credit markets put the brakes on leveraged buyouts, Dealogic said Tuesday. The total buyout volume fell to $189.8 billion from $658.9 billion in 2007, with Avista Capital and Nordic Capital's $4.1 billion bid for U.S. wound-care manufacturer ConvaTec.
Carlyle Hires Former Charles Schwab Financial Chief - Mergers, Acquisitions, Venture Capital, Hedge Funds -- DealBook
New York Times, The | 57 days 19 hours 56 minutes ago
The Carlyle Group said on Tuesday that it has hired a former chief financial officer of Charles Schwab to help advise the private equity firm on potential financial services deals.
Vought to Operate Nashville Facility with Strikebreakers [Press Release]
PRNewswire | 1 day 30 minutes ago
WASHINGTON, Jan. 7 /PRNewswire-USNewswire/ -- The International Association of Machinists and Aerospace Workers (IAM) today strongly condemned Vought Aircraft Industries for plans to hire permanent replacement workers at its Nashville, TN, facility.
Carlyle's Bet on Telecom in Hawaii Ends Badly
Wall Street Journal, The | 37 days 16 hours 10 minutes ago
Hawaiian Telcom Communications Inc. filed for bankruptcy protection Monday, a black eye for buyout firm Carlyle Group and another blow to the reeling world of private-equity investing.Carlyle bought Hawaii's largest telephone carrier from Verizon Communications Inc. in 2005 for $1.6 billion, putting up $425 million in equity and using debt to finance the rest. Carlyle stocked the board with a team of telecom experts, including William Kennard, former chairman of the Federal Communications Com...
Carlyle Shuts Down Some International Operations - Mergers, Acquisitions, Venture Capital, Hedge Funds -- DealBook
New York Times, The | 44 days 6 hours 17 minutes ago
The Carlyle Group is shuttering its relatively new operations in central and eastern Europe and its leveraged finance operations in Asia, amid worsening fundraising climate for private equity firms.
Carlyle warns investors of weak returns: report
Boston Globe, The | 64 days 5 hours 49 minutes ago
(Reuters) - Private equity firm Carlyle Group <CYL.UL> warned a group of its investors that they were unlikely to see returns on their money soon, the Financial Times said.
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Company Overview
| Company: | The Carlyle Group |
|---|---|
| Industry: | Investment Firms |
| Website: | http://www.carlyle.com |
The Carlyle Group, with more than $80 billion under management, is one of the world's largest private investment firms. Undertakings include management-led buyouts, minority equity investments, real estate, venture capital, and leveraged finance opportunities in the aerospace and defense, automotive and transportation, consumer and retail, and energy and power industies. Other sectors it focuses on include financial services, health care, industrial, infrastructure, real estate, technology, and telecommunications and media. Since its founding in 1987, the firm has made more than 775 investments; it maintains offices in about 20 countries and oversees some 60 private equity funds.
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