Monday, March 9, 2015

Varo Energy Fails "Know Your Sponsor"

The Carlyle Group's Varo Energy failed to utilize its sponsor's correct logo on the company's website.  Instead Varo used the logo of a defunct executive recruiting firm.  It's an odd error within a PEU intent on maintaining its image at all costs. Maybe it's disinformation for the Russians, whose energy products Carlyle hopes to supplant in Europe.

Update 4-13-22:  Carlyle doubled its stake in Varo in February 2021.