Carlyle Group returns 5.3 billion to investors

[medeak]

Carlyle returns $5.3B to investors
http://money.cnn.com/2005/02/14/news/midcaps/carlyle.reut/

The private equity firm also raised $7.8 billion and invested $2.7 billion in 2004.
February 14, 2005: 7:36 AM EST

LONDON (Reuters) - Private equity firm The Carlyle Group more than doubled the amount of cash it returned to its investors in 2004 as it sold a greater amount of businesses and stakes.

The company returned $5.3 billion to investors, compared with $2.3 billion in 2003, it said in a statement Monday. The firm also raised $7.8 billion, up from $2 billion a year ago, and invested $2.7 billion in 2004, up $100 million on 2003.

Private equity firms are doing deals amid widely-available debt and a lack of competition for some businesses from trade bidders. Carlyle made 107 investments in 2004, more than double the previous year's number.

[PROGRESSIVE1]

1. That's "KKKarlye"

[TahitiNut]

2. Taxation of dividend income is at all-time low rates.

Thanks to the GOP tax-cuts-for-the-wealthy, dividend income (from the labor of others) is taxed at half the rate of payroll income (from one's own labor).

It's a license to rape and pillage - the Bushoilini Letter of Marque.

[cthrumatrix]

3. easy to invest when you "know" what is going to take place

they buy small arms and weapons companies B4 a war.

I bet you $'s to donuts they bought quite a few B4 Iraq.

[medeak]

4. nothing like warprofiteering

said 2005 "might be more of a challenge"

damn..we better bomb Iran then!