Carlyle eying stake in hedge fund manager: report

Reuters – Private equity firm Carlyle Group CYL.UL may buy a stake in a hedge fund manager and is looking at raising two new debt funds as well as a $1 billion pool to buy small companies, Bloomberg said.

One of the firms Carlyle is talking to has as much as $5 billion in assets, the news wire said, citing three people briefed on the plans.

Read Complete Article

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply