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The Carlyle Group LLC

The Washington Monument will remain closed for repairs for at least another year and possibly into 2014, National Park Service officials said Monday.

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CNNMoney: Investor pays to help fix Washington Monumentupdated: Thu Jan 19 2012 14:17:00

A philanthropist who came forward soon after an earthquake damaged the Washington Monument last August has donated $7.5 million to get the repair project off the ground.

Fortune: The new GM: A report cardupdated: Thu Aug 25 2011 08:47:00

The Obama administration's automotive task force did two favors for General Motors: It stripped away 100 years of accumulated obligations through bankruptcy, and it turned the company's management over to a team of Detroit outsiders who view the business with fresh eyes. Headed by chairman and CEO Dan Akerson, the new team has led GM to post solid financial results, gain market share, and strengthen its position in China. The company earned $5.4 billion in the first half of 2011, more than double 2010's $2.2 billion, and regained its title as the world's largest automaker. But to make the gains permanent, GM needs to stamp out a plodding, risk-averse, belt-and-suspenders culture and become opportunistic, flexible, and fast on its feet. That's not easy for this company. Following it for 34 years, I've watched many well-intended efforts to shake things up expire once they hit middle management. Like any bureaucracy, GM's vast army of white-collar workers (26,000 in 120 countries in

CNNMoney: Bye bifocals! New specs change focusupdated: Tue Apr 19 2011 09:35:00

If you're reading these words through bifocals or progressive lenses, your life could change in June.

CNNMoney: Stocks set for higher startupdated: Thu Jul 15 2010 08:45:00

U.S. stocks were poised for a higher open Thursday after JPMorgan Chase reported better-than-expected earnings and weekly jobless claims fell to the lowest level in almost two years.

CNNMoney: Vitamin maker sold for $3.8 billionupdated: Thu Jul 15 2010 08:04:00

Nutritional supplement maker NBTY will be acquired by private equity firm Carlyle Group in a deal valued at $3.8 billion, the companies announced Thursday.

CNNMoney: Stocks get batteredupdated: Thu Mar 13 2008 10:21:00

Stocks slumped Thursday morning, as investors eyed record high oil and gold prices, the dollar at an all-time low versus the euro, weak retail sales and the potential collapse of mortgage bond fund Carlyle Capital.

Fortune: Private equity shops feel Blackstone's painupdated: Mon Mar 10 2008 15:37:00

Blackstone's meager quarterly earnings is just the latest example of the stunning reversal of fortune suffered by the private equity shops that once dominated Wall Street's food chain.

Fortune: How mighty Carlyle fellupdated: Fri Mar 07 2008 16:02:00

Throw a heavy user of short-term financing into an increasingly fearful market, and you have the makings of a disaster - as investors in Carlyle Capital learned this week to their dismay.

CNNMoney: Futures head south on jobs reportupdated: Fri Mar 07 2008 08:51:00

Stock futures fell early Friday as a weak monthly job report and mounting credit worries took a toll on sentiment and investors.

Ricin mysteryupdated: Tue Mar 04 2008 15:12:00

CNN's Kara Finnstrom reports on the latest in the investigation into a man exposed to the deadly poison ricin.

700-year-old Magna Carta to be displayed at the National Archives updated: Tue Mar 04 2008 15:12:00

An investment executive who paid more than $20 million for an original, handwritten copy of the Magna Carta presented the ancient paper Monday to the media and plans to loan it to the National Archives.

Copy of Magna Carta for saleupdated: Tue Mar 04 2008 15:12:00

CNN's Max Foster looks at why an ancient piece of paper could fetch upwards of $30 million.

Magna Carta copy sells for $21.3Mupdated: Wed Dec 19 2007 10:42:00

The only copy of the Magna Carta in the United States, regarded as the earliest declaration of human rights, will be returned to the National Archives by the man who purchased it for more than $21.3 million.

Fortune: Private equity: Maybe down, but not outupdated: Fri Dec 14 2007 11:23:00

Despite turmoil in the credit markets, a string of broken deals, and a dramatic slowdown in M&A this quarter, the private equity deal machine is still humming, says a report released Friday.

CNNMoney: Private equity firms pushed to open booksupdated: Tue Nov 20 2007 10:30:00

Private equity firms were pressed to disclose more information about their businesses Tuesday after the publication of an industry code of conduct aimed at allaying criticism of the buyout industry.

CNNMoney: Why LBO firms will survive credit crisisupdated: Thu Oct 18 2007 11:54:00

The golden age of private equity may be over, but don't count on the new kings of Wall Street to relinquish their throne easily.

A meeting of two business worldsupdated: Fri Sep 28 2007 05:52:00

While U.S. and European markets try to gauge the bottom of the sub-prime lending crisis, government-controlled funds in the Persian Gulf have been on a spending spree, investing billions of dollars in companies around the world.

CNNMoney: Private equity's exit woundsupdated: Thu Sep 20 2007 23:04:00

Private equity firms have been battered by the credit crunch on all sides, but the biggest hit of all may come when they attempt to unwind the billions of dollars worth of investments they have made in recent years.

CNNMoney: Abu Dhabi buys $1.35B stake in Carlyle Groupupdated: Wed Sep 19 2007 21:58:00

Private-equity firm the Carlyle Group said Thursday it sold a 7.5 percent stake in its general partnership operations for $1.35 billion to an investment arm of the government of Abu Dhabi.

Fortune: The new land grabupdated: Sun Sep 16 2007 22:01:00

Picking off land from over-leveraged homebuilders during crashing real estate markets was once the purview of local developers. This time, however, global players, including D.E. Shaw, Apollo Real Estate Advisors, and the Rockefeller Group, are eyeing land in Florida, Colorado, California, and other subprime-ravaged states.

CNNMoney: Report: Carlyle cable sale offupdated: Wed Sep 12 2007 07:20:00

In the latest sign of problems in the credit markets, private equity firm Carlyle Group has indefinitely postponed the sale of a cable company because bidders did not meet its price, according to a published report.

CNNMoney: At Carlyle Group, a sign of life in private equityupdated: Sun Sep 09 2007 08:01:00

The private-equity spigot hasn't turned off completely.

Fortune: Carlyle goes back to school in Chinaupdated: Mon Sep 03 2007 21:32:00

When the hordes of spectators, dignitaries, corporate sponsors, and other assorted visitors descend on Beijing next summer for the Olympic Games, some might be surprised to discover how many locals speak good English.

CNNMoney: Carlyle sees credit storm calmingupdated: Tue Aug 28 2007 22:24:00

Carlyle Capital Corp Ltd., a unit of private equity firm Carlyle Group, said on Wednesday it hopes the worst of the credit crunch has passed, allowing it to resume paying a dividend.

CNNMoney: Home Depot drops price of supply unitupdated: Tue Aug 28 2007 01:04:00

Home Depot said on Tuesday that it would sell its wholesale supply business to buyout firms for $8.5 billion - nearly 18 percent less than previously agreed upon - as the U.S. housing slump and recent credit crunch forced renegotiation of the deal.

CNNMoney: The price of walking awayupdated: Mon Aug 27 2007 21:20:00

The trio of private-equity firms buying Home Depot's wholesale supply unit decided to stay with the deal, but they could have walked away from the negotiations - for a modest fee.

CNNMoney: Home Depot cuts unit sale priceupdated: Mon Aug 27 2007 07:19:00

Home Depot Inc agreed to cut the price of its supply division sale to buyout firms by $1.8 billion as a housing market drop and a credit crunch forced all sides to renegotiate.

CNNMoney: Home Depot may lower price for unitupdated: Thu Aug 23 2007 22:17:00

Home Depot was close to taking $1.2 billion less for the sale of its wholesale distribution unit Thursday night, but the deal with three private-equity firms is still uncertain according to a published report citing people familiar with the matter.

CNNMoney: Home Depot unit sale in trouble: Reportupdated: Thu Aug 23 2007 06:41:00

A private equity-led buyout of home-improvement retailer Home Depot's wholesale supply division, due to close Thursday, could be in trouble because investment banks involved are reluctant to fund the transaction even at a lower price, the Financial Times reported, citing people familiar with the negotiations.

CNNMoney: GM sees gain of over $5B on Allison saleupdated: Sun Aug 12 2007 23:26:00

General Motors Corp. will record a gain of $5.1 billion to $5.4 billion in the third quarter, on the sale of its Allison Transmission unit, the automaker said in a filing with regulators Monday.

CNNMoney: Home Depot may cut HD Supply priceupdated: Thu Aug 09 2007 04:48:00

Home Depot said Thursday it was in talks with private equity buyers of its HD Supply unit about lowering the original purchase price of $10.3 billion.

CNNMoney: Debt backlog slows Virgin Media saleupdated: Tue Aug 07 2007 07:10:00

British cable operator Virgin Media on Tuesday postponed the sale of the company after it became apparent buyers would not have access to the debt needed to do a deal right away.

CNNMoney: Liberty considers Virgin Media bidupdated: Sun Jul 29 2007 23:05:00

U.S. media mogul John Malone is considering entering a $23 billion auction for Virgin Media, joining several potential suitors for the British cable operator, sources familiar with the matter said Monday.

CNNMoney: GM Allison deal financing reportedly hits snagupdated: Tue Jul 24 2007 07:37:00

GM's plans to sell its Allison Transmission unit have hit hit a roadblock due to an increasingly difficult market for corporate debt, according to a published report.

Fortune: Enterprise pulls up at the airportupdated: Mon Jul 09 2007 08:57:00

The U.S. rental-car business has long had two rulers. Hertz, with 2006 revenues of $8.1 billion, has dominated the airport business ever since it started serving Chicago's Midway in 1932. Enterprise, with revenues of more than $9 billion, has virtually had a lock on the off-airport business, with a 55% market share.

CNNMoney: Stocks on edge as earnings approachupdated: Mon Jul 09 2007 00:08:00

Stocks struggled Monday, resting after a big runup last week and weary as traders eye the upcoming earnings reports, which begins after the closing bell.

CNNMoney: Carlyle to take Sequa privateupdated: Sun Jul 08 2007 21:07:00

Private equity firm The Carlyle Group announced a $2.7 billion deal to buy diversified manufacturer Sequa Group early Monday, agreeing to pay a premium of 54 percent to Friday's closing price.

CNNMoney: Private equity: The beat goes onupdated: Wed Jul 04 2007 00:11:00

While Wall Street cleared out for the July 4 holiday, two of the leading names in private equity made blockbuster announcements - flexing their might at a time when buyout deals are coming under increasing pressure.

CNNMoney: Private equity shakeout loomsupdated: Tue Jul 03 2007 23:11:00

As the benign market conditions that have fueled the buyout boom come under pressure, the swelling ranks of private equity firms are likely to be winnowed, leaving only the strongest and sharpest players.

CNNMoney: Carlyle affiliate starts Dutch tradingupdated: Tue Jul 03 2007 21:02:00

Carlyle Capital Corporation Ltd. began trade on Amsterdam's stock exchange at $20 per share Wednesday, after a trimmed initial public offering that raised $303.5 million for the affiliate of Carlyle Group.

CNNMoney: Carlyle buying Manor Care for $6.3Bupdated: Mon Jul 02 2007 00:44:00

Nursing home operator Manor Care Inc. said Monday it has agreed to be taken private by private equity firm Carlyle Group for $6.3 billion, including assumed debt.

CNNMoney: Virgin Media confirms buyout offerupdated: Sun Jul 01 2007 23:58:00

Virgin Media said Monday it has received a takeover offer, but the British cable company, whose largest investor is Richard Branson, declined to name the bidder and said it isn't negotiating about a possible buyout.

Fortune: Captain's Blog, stardate 7/2/07updated: Sun Jul 01 2007 23:38:00

DECONSTRUCTING THE DOW: Nice second quarter, right? S&P up 5.8 percent, best tally since Q4 of '06. Naz up 7.5 percent, best since Q4 '04. And as for the Dow, it truly rocked! Up 8.5 percent, best since way back in '03. Why did the big daddy index rule? You would think the answer would be one simple phrase: Sheer energy! (I love energy - tee hee.)

CNNMoney: Stocks turn higher with Fed on tapupdated: Thu Jun 28 2007 01:23:00

Stocks turned higher Thursday as investors brushed aside a lackluster reading on the economy and turned their attention to the impending Federal Reserve interest rate statement, due this afternoon.

CNNMoney: Stocks on edge as Fed loomsupdated: Wed Jun 27 2007 23:31:00

Stocks struggled Thursday as investors weighed a lackluster reading on economic growth and awaited the closely watched Federal Reserve interest rate statement due later in the day.

CNNMoney: GM to sell Allison Transmissionupdated: Wed Jun 27 2007 22:14:00

Troubled U.S. automaker General Motors announced a deal Thursday to sell subsidiary Allison Transmission to private-equity firms The Carlyle Group and Canada-based Onex Corporation for $5.57 billion.

CNNMoney: Stocks waver in early goingupdated: Wed Jun 27 2007 22:04:00

Stocks struggled early Thursday as investors weighed a lackluster reading on economic growth and exercised caution ahead of the closely watched Federal Reserve interest rate statement due later this afternoon.

CNNMoney: Carlyle private equity may go publicupdated: Wed Jun 27 2007 08:17:00

Carlyle Group, a U.S. private equity firm, is considering a stock market listing similar to last week's initial public offering by rival Blackstone, Dow Jones Newswires reported Wednesday.

Fortune: Global guruupdated: Thu May 31 2007 13:51:00

When you first meet Mohamed El-Erian, 48, who heads up Harvard University's $30 billion endowment, two things immediately strike you: First, he's incredibly sharp, particularly when it comes to highbrow things like geo-political economics; second, despite being one of the world's most respected money managers, he's the antithesis of a hubristic hedgie or swaggering Wall Streeter: the Oxford and Cambridge-educated Egyptian is enormously polite and charming.

CNNMoney: TPG seen selling stake to investorsupdated: Tue May 01 2007 07:37:00

Private equity titan TPG may sell part of itself to some of its large investors, according to a report Tuesday.

CNNMoney: The question of successionupdated: Fri Apr 27 2007 08:21:00

Private equity's power players may be basking in their riches, but one thing their money can't buy is more time.

CNNMoney: Buyouts help drive stock market rallyupdated: Fri Apr 20 2007 10:17:00

Big deals - many of them by private equity buyers - have helped power the stock market's recent rally, but the best days of the buyout boom may be over.

CNNMoney: Deal frenzy drives stocksupdated: Thu Apr 19 2007 12:16:00

Big deals have helped power the stock market's recent rally, but the best days of the buyout boom may be over.

CNNMoney: Carlyle considers plan to go publicupdated: Tue Apr 17 2007 13:52:00

Carlyle Group has been considering a plan to go public, but such a move would present certain challenges, co-founder Daniel D'Aniello said Tuesday.

CNNMoney: A handy private equity cheat sheetupdated: Fri Mar 30 2007 11:03:00

If you haven't been paying attention to private equity - now's the time to study up.

CNNMoney: Dubai Aerospace eyes $1.5B chunk of Carlyleupdated: Mon Mar 19 2007 23:25:00

Dubai Aerospace Enterprise (DAE) is nearing a deal to buy a series of aviation businesses from U.S. private equity firm Carlyle Group for more than $1.5 billion, a source familiar with the matter said on Monday.

CNNMoney: Monday's active tradersupdated: Mon Mar 19 2007 10:10:00

Here are some of the stocks actively trading on Monday:

CNNMoney: Big buyouts go globalupdated: Fri Mar 16 2007 10:21:00

Private equity firms are making a bigger push to go global, underscoring just how crowded the market has gotten for buyout deals in the United States.

CNNMoney: Private equity's PR problemupdated: Tue Feb 06 2007 11:49:00

With buyout firms raising record amounts of cash and taking companies private at a frenetic pace, the once clubby world of private equity is getting thrust into the public spotlight - and a backlash is brewing.

CNNMoney: Carlyle Group dealmaker's biggest regretupdated: Tue Jan 30 2007 16:37:00

One of private equity's most lauded dealmakers said he regrets not being more aggressive the last few years.

CNNMoney: Report: Goldman, Morgan join on energy bidupdated: Wed Jan 24 2007 06:26:00

Wall Street rivals Goldman Sachs Group and Morgan Stanley are quietly collaborating on a massive private-equity play for the oil and gas assets of utility company Dominion Resources, according to a published report.

Fortune: Rental disagreementupdated: Wed Jan 17 2007 16:56:00

In the months before its Nov. 15 IPO, Hertz hit the road. The company had an ambitious plan to pitch to investors: extend its dominance in airport car rentals to the leisure market while slashing c...

The latest MBA must-have jobupdated: Fri Jan 12 2007 13:51:00

Every generation of MBA students has its dream job.

FSB: Lunch-hour liposuctionupdated: Thu Dec 07 2006 07:21:00

Vacuuming fat from more than 455,000 patients - and some $1.2 billion out of their wallets - made liposuction the No. 1 cosmetic-surgery procedure in the U.S. in 2005. Like many operations, standar...

Fortune: Private equity, private livesupdated: Mon Nov 27 2006 13:07:00

If you want to get to the bottom of today's historic boom in private equity, just follow Tom von Krannichfeldt around.

CNNMoney: Market rich with IPOs this weekupdated: Mon Nov 13 2006 12:28:00

IPOs are back in style, and private owners are putting some of their biggest names up on the block.

Fortune: A big year for buyoutsupdated: Tue Oct 24 2006 08:57:00

Hardly a day goes by without another marquee-name public company being bought out by one of Wall Street's private-equity goliaths. You've seen the headlines: HCA, Harrah's, Albertson's - they're ju...

CNNMoney: Monday's late-moving stocksupdated: Mon Oct 16 2006 15:27:00

Here are some of Monday's late-moving stocks:

Fortune: A $4 billion holdupupdated: Mon Oct 02 2006 13:42:00

An ongoing battle between South Korean prosecutors and a U.S. private-equity fund looking to cash out a $4 billion profit appears to be making foreign firms skittish about doing M&A deals in Korea.

CNNMoney: Hertz ready to go public, paper saysupdated: Fri Jul 14 2006 07:10:00

In what is expected to be one of the largest IPOs of the year, Hertz Corp., which was bought from Ford late last year by three private equity firms, is said to be preparing registration papers for its market debut, according to The Wall Street Journal.

Private equity one investor optionupdated: Tue Jun 27 2006 20:13:00

There are plenty of good commercial ventures that with the right management and funding, have returned high returns to investors well before they made it onto the stock market.

Fortune: LBO Kings Go Clubbin'updated: Wed Mar 29 2006 11:07:00

The Grand Ballroom at the Pierre Hotel in New York City is an unlikely place to hear people talk about "clubbin'," particularly when they're Wall Streeters wearing expensive suits. But that was the...

Fortune: LBOs are only going to get bigger -- here's whyupdated: Thu Mar 23 2006 08:34:00

The grand ballroom at the Pierre Hotel in New York is an unlikely place to hear people talk about going clubbin', particularly when they're a bunch of Wall Street types wearing expensive suits.

CNNMoney: Donut chain sale a slam dunk?updated: Mon Dec 12 2005 06:06:00

A deal is near for three private-equity firms to buy Dunkin' Brands for about $2 billion, according to a published report.

CNNMoney: Private suitors call on Hertz: WSJupdated: Mon Jul 25 2005 07:44:00

Ahead of a possible initial public offering, Hertz Corp. is drawing interest from several private-equity firms, a newspaper report said Monday.

CNNMoney: Report: Trump group sells major NYC plotupdated: Thu Jun 02 2005 07:02:00

Donald Trump and a consortium of Hong Kong investors agreed to sell some prime Manhattan real estate to a private-equity firm and a real-estate development company for $1.8 billion, according to The Wall Street Journal.

CNNMoney: Barbarians at the tech gateupdated: Thu Apr 21 2005 13:52:00

NEW YORK (CNN/Money) - Parachute pants. Pac-Man. Madonna...before she went cuckoo for Kaballah.

Fortune: Does Hollywood Really Get Big Business?updated: Mon Aug 23 2004 00:01:00

The other night I went to a screening of the new version of The Manchurian Candidate, a timely and spine-tingling--if slightly jumbled--passion play of present-day political paranoia. I was pleasan...

Fortune: Buyout Firms Become Space Invadersupdated: Mon Aug 23 2004 00:01:00

Buyout firms have been reaching for the skies--literally. In December, Apax Partners and Permira Advisers acquired Inmarsat. In April, Thermo Capital bought the bankrupt Globalstar satellite phone ...

Fahrenheit 9/11 come again?updated: Mon Jul 05 2004 13:19:00

Some of the most memorable moments in the film are also the most contested. A sampler:

KDDI higher on buyout talkupdated: Thu May 27 2004 00:03:00

Shares in Japan's second-largest mobile operator KDDI are higher Thursday after confirmation it is negotiating to sell part of its business in a deal worth up to $2.1 billion.

Fortune: The Good Bookupdated: Mon Jul 07 2003 00:01:00

I had this dream the other night. I'm interviewing Lou Gerstner. We're in his office in Manhattan, and he's in a good mood. Why not? He bailed out of IBM at the right time, and he's now chairman of...

Fortune: Five Degrees Of Osamaupdated: Mon Feb 03 2003 00:01:00

In December, President Bush named Thomas Kean, the former Republican governor of New Jersey, chairman of an independent commission examining the Sept. 11 terrorist attacks. But FORTUNE has learned ...

Fortune: What We Learned Layoffs, slashed perks, disappearing bonuses--it wasn't a pretty year on the job. In fact, there isn't much you updated: Mon Dec 24 2001 00:01:00

Think before you e-mail

Fortune: FRANK CARLUCCI GOES HUNTINGupdated: Mon Feb 25 1991 00:01:00

Malcolm Gambill, CEO of conglomerate Harsco (1990 sales: about $1.7 billion), recalls meeting Frank Carlucci, 60, at a Washington embassy party, but doesn't think the former Defense Secretary remem...

Fortune: BIG DEALS SOMETIMES COME IN THREESupdated: Mon Aug 28 1989 00:01:00

Frederic Malek, 52, the former Marriott Hotels president, has set up shop as a merchant banker -- and how. In April he brought together a disparate group of investors, which includes Sumitomo Bank,...

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