Carlyle Majority Owner Of Company At Center Of NSA Leak Case

Jun 11 2013 | 12:09pm ET

Booz Allen Hamilton has been a profitable investment for the Carlyle Group, but in the wake of an intelligence leak scandal, it may prove a headache.

Shares of the government consultancy fell after an employee, Edward Snowden, came forward as the source of documents showing that the National Security Agency was tracking Verizon phone records in the U.S. Booz Allen fired Snowden today.

Carlyle bought Booz Allen's government contracting business in 2008 and has made some $2 billion on it since. The private-equity firm still owns 67% of the company, which went public in 2010.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…