Tuesday, 2 September 2014
Last updated 3 hours ago
Jul 10 2012 | 11:57am ET
The Carlyle Group has suffered another first as a publicly-listed company: the release of bad news.
The private equity giant, which went public in May, said its carry funds—those that it advises, excluding its hedge and structured credit funds—fell 2% in value during the second quarter. That, in spite of the fact that the firm's global market strategies business, including its distressed and mezzanine investments, grew by 3% over the past three months.
Energy investments were the biggest culprits, losing 5%. Buyout funds dropped 2%. Real-estate investments rose 1%.
The carry funds remain up 8% on the year and the global market strategies funds 15%.
Carlyle will report its full second-quarter results next month.
Carlyle's carry funds account for $88.5 billion of its $159 billion in assets under management.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...