The Carlyle Group related stories
All articles and analysis
AMERICAS NEWS: Irreconcilable differencesGary Stevens is suing his former employer, Landmark Partners, for breach of contract amid allegations the firm failed to keep a promise over compensation. PERE magazine December 2008/January 2009 issue
- Carlyle and Korean pension fund buys Tokyo block for $362m
The Carlyle Group and South Korea's National Pension Service is jointly investing in an office in central Tokyo. The Japanese firm selling the property says it intends to work more closely with Carlyle in future.
- Former DCD vets form AION Partners
Siraj Dadabhoy and Michael Betancourt have launched their own private equity real estate group to target loan-to-own transactions and distressed real estate assets in large US cities.
- Carlyle expands Iberian presence with local partner
In an effort to find and manage investments in the Iberia region on behalf of its third European real estate fund, the Washington DC-based firm has enrolled the services of a Lisbon-based partner.
- Barden Gale named new CEO of JER
The former Starwood Capital vice chairman takes over the day-to-day running of JE Robert Companies from Joseph Robert, who has been undergoing treatment for brain tumours. Robert will become executive chairman.
- Carlyle closes £150m sale after two years
The Washington DC-based firm has completed the sale of a London office building after commercial real estate investment firm Menolly Investments dropped its lawsuit challenging Carlyle’s completion of the office building’s refurbishment.
- Onex exits Cineplex Galaxy for C$185m
The Toronto Stock Exchange-listed asset manager bought Loews Cineplex in 2002 and sold most of the business to Bain, Carlyle and Spectrum Equity Investors in 2004. It has now sold the remaining Galaxy portion of the business.
- Onex slashes commitment to its own fund by $500m
The Toronto Stock Exchange-traded alternative asset manager has reduced the final target for its buyout fund to $4bn from $4.5bn, but can increase its commitment in the future.
- Carlyle pays $20m fine to 'resolve' role in pay-to-play scandal
New York Attorney General Andrew Cuomo has reached a resolution with The Carlyle Group which has seen the firm pledge to avoid hiring placement agents to obtain investments from New York’s public pensions. Carlyle has also agreed to pay $20m to ‘resolve its role’ in the investigation.
- New Mexico SIC suspends alternative investing
New Mexico’s governor Bill Richardson ordered the state’s $11.8bn oil and gas endowment to suspend investing in private equity and real estate while the endowment reviews investment recommendations made by Aldus Equity. Recommended commitments to Landmark Equity, Newstone Capital, Veronis Suhler Stevenson and Ares Management will have to go through a 'vetting' process again.