Monday, August 20, 2012

Rubenstein's Latest Award: Hedge Fund Women

Who knew 100 Women in Hedge Funds would break the story on Carlyle's record AUM (assets under management).

Since co-founding The Carlyle Group in 1987, the firm’s has grown into an institution managing more than $160 billion with 36 offices around the world.
Carlyle's website only lists "more than $156 billion."

The 100 Women in Hedge Funds will give Carlyle co-founder David Rubenstein their 2012 Effecting Change award.  I guess that's far enough away from 2008, when Carlyle lost two funds, Carlyle Capital Corporation and Blue Wave Partners.

Maybe, Jon Corzine will be next with his reconstituted "MF PECKER" hedge fund.  That would be an appropriate follow up to Rubenstein.  As female business journalists clearly understand, kiss the PEU ring or there will be no access to modern robber barons.