Investment houses The Carlyle Group and Pictet Group announced a new unit Thursday that will offer loans against borrowers' fine art as collateral. The US and Swiss companies said their new Athena Art Finance Corp. will begin offering loans against works of art in the upcoming auction and art-fair season. Show More Summary
The British aircraft support services provider has agreed to acquire Landmark from the private equity giant the Carlyle Group.
(Reuters) - British aircraft services provider BBA Aviation Plc said it has proposed to acquire Landmark Aviation [LNDAV.UL], owned by private equity firm Carlyle Group LP, for $2.065 billion, to increase its exposure in the aviation market in North America. Show More Summary
SouFun Holdings Limited has entered into an agreement to raise between $400 million and $700 million from IDG Capital Partners, the Carlyle Group the management (mainly founder and CEO Vincent Mo).
SINGAPORE (Reuters) - Carlyle Group's nominee on the board of China Fishery Group has stepped down, a few months after the U.S. private equity firm declined to take part in the Singapore-listed company's rights issue. Patrick Siewert resigned as a non-executive director from August 29, China Fishery said on Monday. Show More Summary
By Mike Stone (Reuters) - Carlyle Group LP has been exploring a sale of aircraft leasing and maintenance company Landmark Aviation for as much as $1.7 billion, according to people familiar with the matter. The business jet market isShow More Summary
David Rubenstein will not be joining your Chinese economy support group.
One of private-equity giant Carlyle Group (CG) portfolio companies is in a heap of trouble. Bloomberg’s Laura J. Keller was out with a report on Tuesday that Sequa, which repair and make spare jet engine parts, used most of its available cash in the second quarter. That sent the companies bond prices for the company […]
Claren Road Asset Management, the long-short credit hedge fund backed by private equity giant Carlyle Group, was turning money away a year ago. Now its assets under management are plummeting. Bloomberg News' Simone Foxman and Saijel Kishan report that investors asked to pull $1.97 billion from the fund in the last round redemption round. Show More Summary
The hedge fund, which is majority owned by Carlyle Group, is talking to investors to assess what to do next.
US global asset management firm The Carlyle Group and Singapore's GIC, one of the world's largest sovereign wealth funds, to take the data management business off Symantec's hands.
Symantec agreed to sell its Veritas data-storage and recovery business to investors led by Carlyle Group so it can focus on growing its security business.
Symantec announced today that it had sold its Veritas division to The Carlyle Group, a Washington, DC-based private equity firm for $8 billion in cash. The move comes after Symantec, mostly known as a computer security company, announced it was splitting into two separate publicly traded companies last fall. Show More Summary
Carlyle Group LP has agreed to acquire Veritas from Symantec Corp. for $8 billion. The leveraged buyout is the largest in the United States for 2015. The biggest deal of the year prior to the acquisition was the $5.3 billion LBO ofShow More Summary
Carlyle said it had teamed up with G.I.C. of Singapore and others to buy the data storage company from the Symantec Corporation.
Three years after private-equity giant Carlyle Group LP touted its purchase of a hedge-fund firm, a rout in raw materials has helped drive down holdings in its flagship fund from about $2 billion to less than $50 million, according to...Show More Summary
The collapse in commodity prices has burnt another hedge fund. Vermillion, a commodity hedge fund backed by Carlyle Group, has seen its flagship fund's assets fall from nearly $2 billion to less $50 million, The Wall Street Journal is reporting. Show More Summary
Second round of bidding sees private equity group edge ahead of Macquarie, HNA Group.
Carlyle Group is sitting on a mountain of cash. The private equity behemoth, which has $192.8 billion in total assets under management, reported second-quarter earnings on Wednesday. It said it was holding $62.8 billion in "dry powder" — money it has raised but hasn't yet spent. Show More Summary
Blackstone Group, Carlyle Group and Apollo Global Management each reported a drop in economic net income, an earnings measure that includes unrealized gains and losses that are marked to the market.... To view the full story, click the title link.