Jan 27 2011 | 1:27pm ET
The Carlyle Group has struck a deal to buy fund of private equity funds giant AlpInvest Partners, it said yesterday.
The deal reportedly values AlpInvest at several hundred million dollars. Carlyle will own a majority stake in the firm, but AlpInvest's managers will retain a 40% economic stake and a 50% voting stake.
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…