Sunday, 24 May 2015
Last updated 1 day ago
Feb 5 2013 | 2:28am ET
In some circles, the Carlyle Group has a reputation for being a secretive, shadowy organization, something akin to a secret government, due to the firm's longstanding links with Washington's political elite. But the private equity giant is taking a very un-secretive step into the spotlight.
The firm last week released the first of what is expected to be a monthly series of podcasts. The first one features co-founder William Conway discussing the investment outlook for 2013.
Conway covered some substantial ground in the maiden "ValuCast," which runs for 18 minutes and which is available both on Carlyle's Web site and Apple's iTunes Store. He tells listeners that Carlyle is seeking to profit from China's growing consumer class and says that "our data right now is telling us the European economy in general has begun to bottom." And he talks about why Carlyle favors the U.S., in spite of a predicted rise in interest rates.
"I would say that the herd is usually not a good place to invest," Conway pontificates, "but I would not classify Carlyle as a contrarian investor."
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…