Archive: Carlyle

Morning Brief: Banks Struggle To Lend With Bailout

Bethesda's EagleBank received $38.2 million from the Treasury Department in early December. The bank, which focuses on lending to local businesses, used roughly half the money to digest the acquisition of Fidelity & Trust Bank, a Bethesda rival with financial problems. And it has struggled to use the rest...

By Alejandro Lazo | February 3, 2009; 08:55 AM ET | Comments (0)

Booz Allen, Private Equity & Government Contractors

By Zachary A. Goldfarb Carlyle Group's buyout of the government unit of Booz Allen Hamilton has raised the possibility that more private equity firms will be looking for companies to buy in the federal services space. In recent years, heavy government spending has lifted the fortunes of many of these...

By Zachary Goldfarb | July 14, 2008; 10:46 AM ET | Comments (0)

SEIU Presses Carlyle Group on Manor Care Deal

It began a few weeks ago when the Service Employees International Union (SEIU) staged a protest outside the Pennsylvania Avenue headquarters of The Carlyle Group as part of the union's bid to organize Manor Care, the Toledo-based nursing home giant Carlyle is buying for $6.3 billion. Then the SEIU started...

By Mike Shepard | October 17, 2007; 05:00 PM ET | Comments (0)

Carlyle Group Cofounder Outlines Firm's Vision for China

The Carlyle Group says China holds the key to the world economy's future. That may explain why Carlyle co-founder David Rubenstein spent part of Thursday morning hosting five students from Beijing's Tsinghua University's School of Economics and Management at the District-based private equity giant's headquarters. The five students had won...

By Mike Shepard | October 4, 2007; 04:33 PM ET | Comments (0)

Carlyle Group Sells Stake to Abu Dhabi

The Carlyle Group, the District's private-equity giant, announced that it is selling a 7.5 percent share of its general partnership to an investment group owned by the government of Abu Dhabi -- one of a flurry of deals today involving Arab governments and U.S. and British financial assets. See story....

By Mike Shepard | September 20, 2007; 09:59 AM ET | Comments (0)

Carlyle Holds Investors Meeting Amid Market Turmoil

The Carlyle Group opened its annual investors conference on Monday with some words of wisdom from Chairman Louis V. Gerstner, who urged the 1,000 attendees to take a long view on investing. Since 1973, there have been 268 financial crises around the world, Gerstner reminded the audience. He is the...

By Mike Shepard | September 12, 2007; 06:55 PM ET | Comments (0)

Carlyle Raises Money for Another Real Estate Fund

Carlyle Group, a District-based private equity firm, announced today that it has finished raising $3 billion from investors for its fifth U.S. Real Estate Fund, which invests in all types of real estate in major markets throughout the U.S. The company's other four real estate funds hold assets worth about...

By Mike Shepard | September 7, 2007; 12:40 PM ET | Comments (0)

Carlyle Makes Second Loan to Troubled Affiliate

Carlyle Group, the District-based private equity giant, will lend another $100 million to shore up a struggling European affiliate that has been battered by recent credit market turmoil. The affiliate, Carlyle Capital Corp., said in a statement today that the loan would be repaid from the sale of about $900...

By Mike Shepard | August 28, 2007; 12:44 PM ET | Comments (0)

Carlyle Opening Office in Warsaw

Carlyle Group announced today that it will open an office in Warsaw, as the District-based private equity firm seeks to build a stronger presence in Eastern and Central Europe. The office will be run by Ryszard Wojtkowski, who previously worked as a managing partner at Enterprise Investors, another private equity...

By Mike Shepard | August 22, 2007; 06:16 PM ET | Comments (0)

Former Time Inc. Chief Discusses Dow Jones Offer

During a luncheon speech last week, Former Time Inc. editor-in-chief Norman Pearlstine -- now a senior advisor to the Carlyle Group -- was asked about the future of Dow Jones Co., publisher of the Wall Street Journal, which is weighing a $5 billion buyout offer from News Corp. Before joining...

By Mike Shepard | July 30, 2007; 05:24 PM ET | Comments (0)

Former Time Inc. Editor Discusses Media Trends

Former Time Inc. editor-in-chief Norman Pearlstine -- now a senior advisor to the Carlyle Group -- discussed media industry trends at a luncheon Thursday hosted by the Potomac Officers Club at the Ritz-Carlton Hotel in Tysons Corner. Staff writer Thomas Heath was there and provided this excerpt: "... On the...

By Mike Shepard | July 28, 2007; 03:00 PM ET | Comments (3)

Carlyle Buys Four Hotels

The Carlyle Group continues its role as the Energizer Bunny of global private equity with yet another acquisition - an 892-room portfolio of hotel properties in northern California. The four-hotel acquisition includes the 309-room Crowne Plaza Hotel at the San Francisco International Airport; the 230-room Holiday Inn in northeast Sacramento;...

By Dan Beyers | July 23, 2007; 03:43 PM ET | Comments (0)

Carlyle Buys Manufacturing Conglomerate

The deals keep a-coming: Carlyle Group is buying Sequa Corp., a diversified manufacturer, in a transaction valued at $2.7 billion. Sequa has operations organized around units serving aerospace, automotive, metal coating, specialty chemical, industrial machinery, and other products Under the terms of the deal, Carlyle will acquire all of the...

By Dan Beyers | July 9, 2007; 08:00 AM ET | Comments (0)

Carlyle Buys Allison, Cuts IPO

A couple bits of Carlyle news: Carlyle is teaming up with Toronto buyout firm Onex to buy General Motor's Allison Transmission subsidiary for $5.6 billion. GM said in a release that a Baltimore plant that produces conventional and hybrid 2MODE transmissions for GM's pick-up trucks and SUVs and will remain...

By Dan Beyers | June 28, 2007; 11:50 AM ET | Comments (0)

 
RSS Feed
Subscribe to The Post

© 2010 The Washington Post Company