Sunday, 29 March 2015
Last updated 1 day ago
Aug 20 2013 | 9:33am ET
The Carlyle Group has made a pair of top hires to handle its power and consumer and retail investments.
The firm today said it had named Matthew O'Connor co-head of its power investments group. He will lead the unit—a team that joined the private-equity giant last year when it acquired Congentrix—with the current co-chief, Robert Mancini.
O'Connor joins from General Electric, where he was executive vice president for financing at GE Capital's aviation services unit.
"His experience in the power markets, as well as global lending and strategy across the energy markets, adds important leadership depth and experience to our capabilities as we expand Carlyle's investment footprint in the power sector," Mancini said.
Carlyle has also named a new operating executive for its consumer and retail group, picking former Procter & Gamble executive Susan Arnold to fill the post. Arnold was president of global business units at P&G until her retirement in 2009 and will join Carlyle next month.
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…