The healthcare sector went on a tear beginning in 2011, thanks in large part to the passage of the Affordable Care Act and its impending implementat
Thursday, 19 January 2017
Last updated 17 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.