Sunday, 21 September 2014
Last updated 1 day ago
Jul 8 2011 | 1:12pm ET
The Carlyle Group is in talks with fellow private equity firm Energy Capital Partners about acquiring the Short Hills, N.J.-based firm.
Negotiations between the two firms began about three months ago. It is not clear if a deal is imminent and the talks could still break down, according to published reports.
Energy Capital focuses on energy infrastructure assets, and last year raised $4.34 billion for its second fund. The firm, which also has an office in San Diego, has raised a total of about $7 billion since its founding in 2005 by Goldman Sachs veteran Douglas Kimmelman.
Carlyle is expected to go public later this year and has been aggressively pursuing acquisitions. News of the Carlyle-Energy Capital talks was first reported by The New York Times.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.