Sunday, November 7, 2010

Rubenstein Supports DC Schools

WaPo's Bill Turque highlighted an "Academy Award like" teacher recognition ceremony for Washington D.C. schools:

But if the evening signaled a transition in tone and leadership, it also underscored the growing influence of private money in public education -- led by many funders who support changes in teacher pay and evaluation that are still subject to considerable debate.

The event was organized as a fundraiser by the D.C. Public Education Fund -- the nonprofit fundraising arm of the school system -- and sponsored by a group of corporations and nonprofits that are frequent contributors to local education causes, including CityBridge, McKinsey & Co., Mark David Ein, Verizon, Marriott and Alice and David Rubenstein, the latter being the co-founder and managing director of the Carlisle Group, the giant private equity firm.

To Bill and his editor:

It's The Carlyle Group, not Carlisle. 

Carlyle dropped their private equity underwriter (PEU) label for GAAM, global alternative asset management..  The Private Equity Council added Growth Capital to its name.  Will WaPo's Kaplan update their knowledge testing to reflect these developments?

WaPo has much in common with Carlyle, given its many subsidiaries.  No gold star for the education writer or his editor.