The Carlyle Group recently told its limited partner backers, “Please don’t default. We will try to work with you.” Did the financial position of Carlyle's backers change abruptly, such that they need the money? Or did they watch Carlyle's Blue Wave Partners, SemGroup and Carlyle Capital Corporation implode and are worried about the same for their investment?
The golden age of private equity is just around the corner, according to Carlyle co-founder David Rubenstein. How many of their investors will stay in? And how soon will the turn come? Answers remain to be seen.
The golden age of private equity is just around the corner, according to Carlyle co-founder David Rubenstein. How many of their investors will stay in? And how soon will the turn come? Answers remain to be seen.