Monday, 26 January 2015
Last updated 1 hour 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…