Monday, May 23, 2011

So How is the Ultimate Global Insider Firm Doing These Days?

Private-equity giant Carlyle Group reports it has returned $6.4 billion to investors in the first quarter — the largest amount it has distributed in a single quarter.

Former President George H. W. Bush and his Secretary of State James A. Baker III have both been advisors to Carlyle. Other politicos affiliated with the firm include former British Prime Minister John Major and Arthur Levitt, former Chairman of the U.S. Securities and Exchange Commission. Olivier Srkozy, the half-brother of French President Nicolas Sarkozy, heads Carlyle's banking division.

Carlyle co-founder David Rubenstein gave the toast at the White House for a 60th wedding anniversary party for George H.W. and Barbara Bush.

Most recently, Carlyle has purchased a majority stake in the US government business of Booz Allen Hamilton for $2.54 billion.

1 comment:

  1. WSJ is nearly a month late with their story.

    It does keep Carlyle's name in the headlines for their future IPO. I'm not sure what's left to buy, given Carlyle sold almost everything not nailed down in the last five quarters.

    Carlyle had two Chinese affiliates vaporize in the last six months. How many more implode when China's economic fall arrives?

    These are interesting times as global oligarchs try to remake the world in their favor.