Carlyle Group Inc.-backed CG, +4.75% Fortitude Reinsurance Co. Ltd. said Friday it closed its acquisition of Prudential Annuities Life Assurance Corp. (PALAC), a unit of Prudential Financial Inc. PRU,
Carlyle Group Inc. CG, -2.87% said Thursday it inked a new strategic advisory services agreement with Fortitude Reinsurance Co. Ltd. that will increase its global credit unit's fee-earning assets unde
Carlyle's (CG) organic growth, backed by increasing AUM balance and fund management fees, is a positive. Yet, a rise in expenses and competition for investment opportunities are concerning.
Billionaire Investor Ray Dalio Predicts A New World Order: Our Top Pick
U.S. private equity firm Carlyle Group has asked investors to submit bids for Irca in a deal valuing the Italian food ingredients maker at more than 1 billion euros ($1.1 billion), two sources close t
March 16, 2022 (Washington) Protesters criticized the John F. Kennedy Center for the Performing Arts in Washington, D.C. yesterday at the COAL + ICE exhibit, demanding that it drop billionaire and fossil fuel investor David Rubenstein from its Board of Trustees. See https://www.coalandlies.com/ for more information. Carlyle Group’s Fossil Fuel Investments David M. Rubenstein is […]

SPAC scrapped, Baring puts CitiusTech on the block for $2.2 bln

04:23am, Wednesday, 16'th Mar 2022 Economic Times India
Less than a year after calling off plans for a SPAC listing in the US, Baring Private Equity Asia (BPEA) is all set to sell its controlling stake in healthcare analytics firm CitiusTech.BPEA is engaged in talks with a clutch of global buyout funds including Blackstone, TPG and KKR to sell CitiusTech in a deal valuing the firm at around $2-2.2 billion (Rs.15,000 cr), said multiple people aware of the development.JPMorgan is understood to be running a formal process to find a buyer.In 2019, Baring PE Asia outbid top funds Blackstone, KKR, CVC Capital and Bain Capital to acquire CitiusTech for $1 billion (Rs7,500 cr) and a successful deal will help it more than double the money in less than three years.KKR, Blackstone spokespersons declined to comment. Mails sent to BPEA, TPG remained unanswered.CitiusTech, founded by IIT-Bombay graduates Koita and Jagdish Moorjani in 2005, provides healthcare technology services and solutions. Koita was the founder and CEO of Transworks BPO, which was sold to the Aditya Birla Birla Group in 2003.

ASG Eye in talks with PEs to sell 49% stake

07:18pm, Monday, 14'th Mar 2022 Economic Times India
A clutch of PE funds such as General Atlantic, Carlyle, Warburg Pincus and domestic fund Kedaara were approached and bids are expected by the end of March.
Insider''s virtual event hosted leaders from Bank of America, Carlyle, and Infosys, to discuss how companies and financial institutions are prioritizing DEI.
Carlyle Group Inc. agreed to buy Italian motorcycling clothing brand Dainese SpA from Investcorp International for an enterprise value of 630 million euros ($691 million), the latest high-end fashion deal by the Middle East-based fund that’s previously invested in Gucci Ltd and Tiffany & Co.
Empire Company Limited (EMLAF) CEO Michael Medline on Q3 2022 Results - Earnings Call Transcript
Carlyle (CG) agrees to acquire a portfolio of assets from CBAM in a stock-and-cash deal, which is expected to be completed in the first half of 2022 and is likely to boost Carlyle's fee income.

Buyout firm Carlyle to acquire CBAM in credit investment push

04:08pm, Wednesday, 09'th Mar 2022 FX Empire
(Reuters) – Carlyle Group Inc said on Wednesday it would acquire credit investment platform CBAM Partners for nearly $787 million, in a deal that would make the buyout firm the biggest manager of collateralized loan obligations (CLOs).
Buyout firm Carlyle to acquire CBAM in credit investment push
Carlyle Group <> has agreed to acquire a portfolio of assets from Eldridge affiliate CBAM Partners for $615M in cash and ~4.2M newly issued common shares, a deal that will make…
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