The Carlyle Group related stories
All articles and analysis
Mid-market lenders present attractive opportunityCarlyle’s buyout of Churchill Financial highlights an opportunity to back mid-market lenders, a segment that can benefit from more private equity players, says Monroe Capital's Ted Koenig.
- Airline bankruptcy includes unfunded commitments
The bankrupt parent company of American Airlines had $389m-worth of unfunded exposure to private equity funds as of 31 December. It’s not clear if the company will continue to meet capital calls through bankruptcy proceedings.
- Boston calling
Thomas H Lee Partners has been investing in private equity from its single office in Boston since 1974. Since founder Tom Lee left in 2005 the firm has evolved and learned some difficult lessons – particularly during the last investment cycle – but Lee’s ‘culture of collegiality’ remains in place, co-president Scott Sperling tells Graham Winfrey
- Carlyle buys into mid-market lending
The firm’s investment in Churchill Financial highlights the increasingly attractive opportunity to back financial service companies lending into the underserved US mid-market.
- NewSpring hits $200m on mezz fund
The firm beat its $150m target for its second mezzanine fund, capitalising on a growing strategy amid a slowing credit market.
- GSO raises billions in hot mezz market
Blackstone-affiliate GSO Capital Partners has collected more than $2bn for its second mezzanine fund. GSO's fund will compete with other mega-firms that have raised capital to take advantage of the tight credit markets.
- ICG holds first close on €1.1bn
The firm has already completed its first investment with its fifth European mezzanine fund, backing the buyout of business intelligence provider Bureau van Dijk.
- Billion dollar mezz bet
KKR’s newly raised $1bn mezzanine fund is an illustration of how popular this area has become with limited partners, who are increasingly attracted by its risk/reward profile
- TPG forms first-ever distressed fund
The firm is targeting $1.5bn to invest in non-performing loans and distressed-for-control situations. The fund will be run by former Goldman executive Alan Waxman.
- Michigan commits to AlpInvest and Carlyle
The $6.5bn pension fund’s $500m commitment to AlpInvest is the fund of fund’s first since being acquired by The Carlyle Group in January.