Saturday, May 31, 2014

Count the Caymans: Part Deux


PEUReport readers may recall a past challenge of counting the Cayman Island subsidiaries of The Carlyle Group, a private equity underwriter (PEU) with $199 billion in assets under management. 

This challenge becomes more meaningful knowing U.S. parent corporations made $51 billion in Cayman profits, while the Caymans had a mere $3 billion in gross domestic product. 

This year's subsidiary list is included in Carlyle's 10-k filing with the SEC.  One could count Carlyle's subs in each of the dozen tax haven countries.  Enjoy!