HgCapital closed a deal to acquire majority ownership from investor The Carlyle Group. read more
Michael J. Cavanagh, who stunned Wall Street last year when he left J.P. Morgan Chase for a private-equity firm, is joining Comcast as chief financial officer after less than a year at Carlyle Group.
Michael Cavanagh will join the media conglomerate this summer when former CFO Michael Angelakis leaves to form an investment firm for Comcast. read more
By Greg Roumeliotis (Reuters) - Comcast Corp on Monday named Carlyle Group LP Co-President Michael Cavanagh as chief financial officer, bringing on a prominent dealmaker after its failed attempt to acquire Time Warner Cable Inc. The appointment, which takes effect in early summer, is a blow to Carlyle. Show More Summary
Michael J. Cavanagh, the guy once known at J.P. Morgan Chase & Co. (JPM) as “Mr. Fix It,” surprised Wall Street last year when he departed for a private-equity firm. Now after less than a year at Carlyle Group (CG), Cavanagh is shocking folks once again with news that he’s departing to take the CFO [...]
Mike Cavanagh is decamping private equity giant The Carlyle Group after roughly one year with the firm to become Comcast's next chief financial officer.
Mike Cavanaugh, co-president of private equity giant the Carlyle Group, is coming on board at Comcast as CFO. Prior to his stint at Carlyle, Cavanaugh had spent six years as CFO of JP Morgan and had at one point been viewed as a potential successor to CEO Jamie Dimon. Show More Summary
Former New Jersey Governor Jon Corzine is mulling a return to finance—specifically launching his own hedge fund. Julie Steinberg and Rob Copland, The Wall Street Journal. Carlyle Group (CG) is liquidating two of its year-old mutual funds as it seeks a new direction in the world of liquid alternative funds. Greg Roumelitois, Reuters. Institutional Investors [...]
By Greg Roumeliotis (Reuters) - Carlyle Group LP has decided to liquidate the two mutual funds it launched last year, regulatory filings showed this week, as the private equity firm seeks other ways to gain more traction with so-called liquid alternative funds. Show More Summary
(Reuters) - Carlyle Group LP has enlisted Mike Duke, former chief executive of Wal-Mart Stores Inc, to the executive team that the asset management firm taps for advise on deals, the Wall Street Journal reported. Duke, 65, will workShow More Summary
Warren Buffett just bought a big stake in an industrial paint and coatings company. Buffett's Berkshire Hathaway announced on Tuesday that it's buying 20 million shares of Axalta Coating Systems from affiliates of Carlyle Group for $560 million, or $28 per share. Show More Summary
WASHINGTON (Reuters) - The strong U.S. dollar may temporarily deter some companies from investing in the United States, but the country will continue to attract foreign investment, the Carlyle Group co-chief executive David Rubenstein said on Monday. Show More Summary
A group of major private equity firms is finally recovering from a nearly decade-long headache. Blackstone Group, Carlyle Group, TPG Capital, and Permira Advisers have finally found a buyer for the semiconductor firm they bought outShow More Summary
Junior bankers — some who graduated from college only last year — are being courted for lucrative positions at companies such as Bain Capital and the Carlyle Group.
A group of the private equity firm's energy funds fell 17 percent in the quarter as publicly traded investments in that portfolio declined because of the collapse in oil prices.
A new fund-raising round by the Carlyle Group is just one indication of private equity’s commitment to Brazil.
We sincerely doubt the following was Dr. Dre approved. David Rubenstein, billionaire co-founder of the Carlyle Group, which invested in Dre’s Beats Electronics in 2013, added amateur rapper to his list of C-suite accomplishments. Just wait for it. The scene: Starring in his company’s annual holiday video, MC Rubenstein heads to the studio rocking a pair of red […]
Private equity giant Carlyle Group released its annual holiday message Monday night and it's absolutely hilarious. It features co-chief executive David Rubenstein donning a bright red pair of Beats By Dre headphones and rapping about...Show More Summary
The man—a Democrat—who founded the Carlyle Group explains why he gives it away. Here’s one rich man who doesn’t think he did it all himself.
Carlyle Group invested $147 million (R1.6 billion) in Diamond Bank as it seeks to expand in Africa’s largest economy. ||| CARLYLE Group invested $147 million (R1.6 billion) in Diamond Bank as it seeks to expand in Africa’s largest economy. Show More Summary