Tuesday, February 26, 2013

Enhancing Carlyle's Image

Bloomberg's Cristina Alesci stayed within Rubenstein's recent themes and avoided Carlyle's low interest "debt for dividend" strategy employed in 2012.

The closest thing to a barbed question arose on Rubenstein's ownership position in Carlyle.  The PEU co-founder shifted gears to his annual compensation, outside his carried interest stakes and equity holdings in various Carlyle investments.

There is little business journalism relative to Carlyle.  Reporters line up for interviews that enhance Carlyle's public face.  Corporate narcissists would have it no other way. 

Update 3-10-13:  Also, it does help PEU sales efforts