Tuesday, 16 September 2014
Last updated 11 hours ago
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.
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…
The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?