Saturday, 10 October 2015
Last updated 4 hours ago
May 23 2011 | 2:31pm ET
The Carlyle Group made $3 billion in commitments in the first quarter, nearly half as much as it invested all of last year.
The Washington, D.C.-based private equity giant said in its annual report to clients that it invested $7 billion last year, 35% more than the $5.2 billion it invested in 2009. The firm raised $4.2 billion in 2010.
"We are pleased that Carlyle continues to earn the confidence of its investors even during the most turbulent times," co-founders William Conway, Daniel D'Aniello and David Rubenstein wrote.
"The past year has been a period of exciting change and growth at Carlyle with new people, new geographies and new businesses," Rubenstein added.
Carlyle said last month that it had made $6.4 billion in distributions in the first quarter.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…