The Carlyle Group L.p Stock News

In October 2021, PNB HFC dropped plans for a preferential issue of equity shares to raise Rs 4,000 crore from a group of investors led by private equity fund Carlyle

Earlier, PNB Housing Finance had decided to terminate the ₹4,000 crore stake sale to a clutch of investors led by Carlyle Group, citing delays caused by pending legal proceedings

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 l

CDK Global Inc. (CDK) is said to be seeing interest from private equity firm Bain Capital, which has teamed up with Stone Point Capital.Clayton Dubilier & Rice and Carlyle Group (CG)…

Carlyle Group (CG) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.

There were reports that private equity groups such as Carlyle and Advent International are looking at a significant investment in the bank

YES Bank’s scrip climbed as much as 1.9 per cent, climbing to a high of Rs 13.20 as against Rs 12.95 at previous close on the National Stock Exchange.

YES Banks scrip climbed as much as 1.9 per cent, climbing to a high of Rs 13.20 as against Rs 12.95 at previous close on the National Stock Exchange.

How A "Rogue" Juror In The Ghislaine Maxwell Trial Could Vacate Her Guilty Verdict A "rogue" juror at the Ghislaine Maxwell trial, who reportedly spoke about his own childhood sexual abuse during deliberations for the trial, will now have to undergo a hearing to try and determine whether or not Maxwell''s conviction should be overturned. The juror, who is begin referred to by his first and middle name, Scotty David, plans on pleading the fifth at the hearing, Bloomberg reported this week. Lawyer for the juror, Todd Spodek, told the judge this week that his client would "invoke his constitutional right against to self-incrimination to not answer questions at the March 8 hearing in Manhattan federal court," Bloomberg wrote. Meanwhile, Maxwell''s lawyers are using the juror as a potential linchpin to try and get a new trial. They are pointing to comments David gave, post-verdict, to the press where he admitted to bringing up his own sexual abuse experiences to sway the jury to convict Maxwell.

Private equity group Carlyle is considering a Rs 3,750–4,500 crore ($500-600 million) investment in Yes Bank along with peer Advent International, according to people in the know. The lender is in talks with the private equity (PE) investors to raise Rs 7,500-11,250 crore ($1-1.5 billion) of growth capital to further bolster its balance sheet two years after the regulator put it under stewardship of the State Bank of India to stave off a possible run on its deposits.The bank’s board, on January 21, 2021, approved a proposal to raise Rs 10,000 crore through modes including qualified institutional placements and foreign currency convertible bonds. That approval was to lapse on February 22, 2022.Yes Bank has not been successful in attracting investors so far. In late December, the board approved an extension of the earlier proposal to raise capital in the form of equity, bond, warrants or any other equity linked security.89978793The proposed investment by private equity investors via preferential allotments could be similar to Bain Capital’s 2017 investment in Axis Bank that saw the Boston-based PE major lead a consortium that pumped in $1.8 billion to help shore up Axis Bank’s capital base after a string of disappointing earnings.Both Advent and Carlyle are at an advanced stage of diligence and looking at finalising terms by the end of this month.

Advent International also likely to pick up a similar stake int he bank; both PEs looking at board seat.

Apollo Is Poised To Rise

I'm revisiting The Carlyle Group, a global P/E firm I looked at some months back.

Carlyle Group <> has named Linda Hefner Filler, a former Walgreen (WBA) executive, and Mednax (MD) CEO Mark Ordan to its board, effective April 1, 2022.Meanwhile, Janet Hill…

A report, shared exclusively with the Guardian, provides a snapshot of industry’s involvement in some of the country’s most controversial fossil fuel investments American private equity tycoons are profiteering from the global climate crisis by investing in fossil fuels which are driving greenhouse gas emissions, a new investigation reveals. Oil and gas pipelines, coal plants and offshore drilling sites linked to Indigenous land violations, toxic leaks and deadly air pollution are among the dirty energy projects financed by some of the country’s largest private equity firms, according to an investigation by the corporate accountability non-profits LittleSis and the Private Equity Stakeholder Project (Pesp). The Carlyle Group , one of the world’s largest private equity firms, owns dozens of oil and gas companies including a stake in NGP Energy Capital, which boasts its own major portfolio mostly focused on fracking and drilling in states like Texas, Wyoming and Colorado. Carlyle, which recently announced a target of net zero emissions by 2050 , also partners with Hilcorp Energy – a major methane emitter with a track record of offshore spills in Alaska and the Gulf of Mexico – on at least $4bn in equity and debt deals. (Methane is more than 25 times as potent as carbon dioxide at trapping heat in the atmosphere, and accounts for about a quarter of today’s global heating.) Kohlberg Kravis Roberts & Co (KKR) has a controlling stake in the Coastal Gaslink pipeline in Canada, a 400-mile multibillion-dollar infrastructure project through unceded Indigenous territories that will transport fracked gas to a Pacific coast port for export to Asia.