Carlyle Group Prepares for the Next Generation

[Rose Siding]

Carlyle Group is putting the finishing touches on what will be the biggest independently managed corporate buyout fund in history, a $6.5 billion pile of cash that will probably be the last such fund for Carlyle's three founders.

The Washington-based partnership began raising money for the fund, Carlyle Partners IV, in September. In just three months, according to Securities and Exchange Commission filings, it had $5 billion from a variety of institutions and wealthy investors. Sources close to the firm said the remaining $1.5 billion is likely to be in the bank in the next few weeks. They said interest in the fund was such that it could have raised more than $7 billion but that the firm's founders were worried that a bigger fund would drag down returns....

While Carlyle has become more diversified in recent years -- Asian and European buyout, real estate, corporate debt and venture capital are all solid parts of the Carlyle mix now -- U.S. leveraged buyout funds have been and will continue to be the heart of the firm's business for years to come. More than 65 percent of Carlyle's investments are bought-out companies, and almost three-quarters of its more than $12 billion in investments are in North America.
...
Carlyle IV's size -- it dwarfs its predecessor U.S. buyout fund, Carlyle III, which finished raising $3.9 billion in 2000 -- will give these guys (only a handful of the more than 150 people working on Carlyle's buyouts around the world are women, and only one of them is a managing director) plenty to do while the firm works out who the next leaders will be........
But for now, Washington, not New York, can lay claim to the biggest single pool of private equity capital in history.

http://www.washingtonpost.com/wp-dyn/articles/A50117-2005Jan30.html

[notadmblnd]

1. Well we've probably just found the missing 9 billionn from Iraq

NT

[TexasLawyer]

5. exactly my first thought!

my second thought-- here's a purchaser for Al Jazeera.

[dbeach]

2. Carlyle = Count dracula of all coporations involving death and destruction

Carlyle owns parts of anthrax vaccine co. and robot-soldier.
All in a days rip-off from by the bush crime family syndicate

"The biggest private investor in the world, deeply entrenched in the weapons' sector, is a discreet group that cultivates dealings with influential men, including Bush father and son."

http://news.bbc.co.uk/2/hi/americas/4199935.stm


http://linkthing.com/screed/carlyle_group_cluster.html
http://www.truthout.org/cgi-bin/artman/exec/view.cgi/9/4410

" Carlyle is a unique model, assembled at the planetary level on the capitalism of relationships or "capitalism of access"...."

Anthrax vaccine kills and cripples..nice job by carlyle.
Maybe someday Carlyle will turn their weaponry on the US public cuz its profitable..

[Rose Siding]

3. Happy, um, coincidence for them...

Pentagon Boosts Plan For Anthrax Inoculations

The Pentagon has taken a major step toward reviving its controversial program of giving anthrax vaccine to service members, invoking emergency provisions of the Project BioShield Act that allow use of unapproved drugs and vaccines.

The Department of Defense said use of the vaccine will be voluntary for now, in contrast with the mandatory program that was blocked by a federal judge in October on the grounds that the vaccine was never properly cleared for use by the Food and Drug Administration.
"The Department's current intelligence community assessments establish that there is a heightened risk for U.S. military forces of attack with anthrax," a DOD official said. He said the assessment applies to Iraq, Afghanistan and North Korea in particular.
...
That assessment was reinforced yesterday by the six service members' lawyer, who said he would go to court to oppose any effort to quickly revive the program. John J. Michels said the injunction remains in force despite the emergency authorization and despite the department's new willingness to accept a voluntary vaccination program.

Michels also argued that the emergency provisions of the BioShield Act were being misused. "The emergency here is that the department lost the case in court, and invoking an emergency on that basis is a terrible precedent," he said.

http://www.washingtonpost.com/wp-dyn/articles/A55554-2005Feb1.html

[dbeach]

4. Huge Story!Thanx for posting it.

Its rare indeed when this pentagram gets a brief moment of sanity.
ANTHRAX VACCINE kills..carlye owns company that makes it..bush sr. is a former member of carlyle and still benefits form their profits..
Sick and illegal that this WH occupant and his family profit frm war materials..but that is the story of family bush..war profiteers and traitors..sam bush was in defense industry in WW I and bush treason dates back to 1605 in the famous gunpowder plot...