Wednesday, September 1, 2010

One World, One Carlyle

Carlyle Group news from across the world:

Carlyle's FRSGlobal was selected by the Central Bank of Oman.

Carlyle is believed to be bidding with Cardinal Capital for EBS Building Society, an Irish bank.

Carlyle's Repco Home Finance, an Indian company with OPIC funding,
will offer special loans to government employees and micro finance loans to farmers.

It seems ShoreCap International isn't the only private equity underwriter (PEU) with an interest in micro finance.

Carlyle's Olivier Sarkozy lamented the lack of bank deals since his BankUnited FDIC fleecing. Are they looking at New Mexico's First State? ABQJournal reported:

New but unnamed investors "in all likelihood" would invest "a fair amount more" than the $150 million injection required to adequately capitalize the bank.

"The potential investors we've had very detailed discussions with are some of the most sophisticated private equity bank investors in the United States, if not the entire world,"
First State president H. Patrick Dee said. "These people are very knowledgeable about banks. They have large amounts of money they would like to invest in banks where they think they can achieve attractive returns."

Attractive returns, indeed.