Wednesday, 23 July 2014
Last updated 14 hours ago
Apr 29 2011 | 1:23pm ET
The Carlyle Group's first-quarter distribution to investors was the largest in the history of the private equity giant.
Washington, D.C.-based Carlyle told investors in an April 15 letter that it had distributed more than $6.4 billion to investors. The firm said its private equity holdings had increased in value by 10% in the first quarter and are up 46% over the past year, Bloomberg News reports.
By contrast, Carlyle distributed just $7.5 billion to investors all of last year.
In addition to announcing the record-setting distribution, Carlyle told investors it had committed or invested $4.5 billion in a dozen deals during the quarter.
"Now is an opportune time to put capital to work," Carlyle founders William Conway, Daniel D'Aniello and David Rubenstein wrote.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…