Sunday, 29 March 2015
Last updated 1 day ago
Sep 7 2007 | 9:57am ET
Global private equity firm the Carlyle Group has closed its third dedicated European buyout fund at $7 billion.
Carlyle Europe Partners III’s investments will be focused on the firm’s core sectors: aerospace, automotive and transportation, building materials, chemicals, consumer and retail, energy and power, healthcare, industrial, business services, and telecommunications and media.
“The European market is maturing and the investment environment has become more challenging,” said co-founder David Rubenstein. “However, there remain significant opportunities across the continent, and we will continue to apply our conservative philosophy and disciplined investment process in executing deals. Our focus on operational improvement and growing value in companies has delivered extraordinary returns for our investors through good times and bad.”
As of August 28, 2007, Carlyle manages 55 active funds with $75.6 billion in commitments.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
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…