The Carlyle Group related stories
All articles and analysis
SAC Private Capital acquires Taiwanese bank at a steep discountSAC Private Capital, the private equity arm of a US hedge fund group, has acquired a control stake in Cosmos Bank at a discount, saving it from government receivership.
- Highbridge hires Kapnick to launch buyout business
New York-based hedge fund Highbridge Capital Management has reportedly hired former Goldman Sachs director Scott Kapnick to launch its private equity business. It is the latest example of the increasing convergence between the two asset classes.
- Debt financing holds firm for mid-market
CIT Capital Finance has delivered financing for the Rutland Partners-led acquisition of Pulse Home Products while Electra Private Equity has carried out a third refinancing on Allflex.
- KKR in talks with banks for First Data deal
KKR is reportedly unlikely to yield much on debt terms.
- Carlyle Capital in $900m fire sale
John Stomber, chief executive of Carlyle Capital Corporation, has apologised to shareholders about poor communication of portfolio troubles as its parent makes its second loan in a week.
- Virgin develops private equity strategy
Soon after PEO revealed that the Virgin Group is launching its first institutional buyout fund, its chief executive has reportedly outlined plans to pursue a ‘branded venture capitalism’ strategy, as it looks to take on large buyout firms like Blackstone and Apax.
- Carlyle assembles Asia leveraged finance team
The Carlyle Group has made three senior hires into its recently-formed Asia leveraged finance team. The division, which is based in Hong Kong, is headed by Eric Mason who joined the buyout group in May from JP Morgan.
- HD Supply sale price cut to $8.5bn
Home Depot has agreed to accept $1.8 billion less than previously agreed in the sale of its HD Supply unit to Carlyle, Bain and Clayton, Dubilier & Rice.
- Credit crunch forces Apax to postpone Emap bid
Apax Partners has reportedly been forced to postpone its bid for UK media business Emap while it struggles to find a bank prepared to underwrite the bid.
- HD Supply deal may get lower price tag
As the credit market continues to tighten, Home Depot is working with Bain, Carlyle and Clayton Dubilier & Rice to renegotiate the agreed $10.3 billion sale of its HD Supply Division.