Carlyle Group

Snowden throws spotlight on Carlyle Group's role in defence sector

Graffiti supportive of whistle-blower Edward Snowden makes a statement on a pavement in San Francisco. Photo: AFP

The Carlyle Group has spent years attempting to shed its image as a well-connected private equity firm leveraging Washington heavyweights in the defence sector.

Saturday, 15 June, 2013, 8:23pm 2 comments

Carlyle Group sells prime office tower in Manhattan for US$1.3 billion

The tower at 650 Madison Avenue in Manhattan. Photo: Bloomberg

Carlyle Group's US$1.3 billion deal to sell 650 Madison Avenue will set a record based on the per-sq-ft price for the office tower, driven by its retail space in the heart of midtown Manhattan's Plaza district.

5 Jun 2013 - 4:40am

Exclusive: 'Princeling' firm holds secret stake in giant fund house Cinda

Carlyle Group, based in Washington, now owns a stake in the mainland's state-owned fund house Cinda Asset Management. Photo: Bloomberg

With the giant state-owned fund house Cinda Asset Management planning to go public in Hong Kong this year, two behind-the-scenes investors in the company, including a private equity fund co-founded by the grandson of China's former state head Jiang Zemin, have been pushed into the spotlight.

26 Mar 2013 - 1:07pm

Carlyle Group in talks with US exchange owner Nasdaq OMX

Carlyle Group in talks with US exchange owner Nasdaq OMX

Nasdaq OMX Group's talks with Carlyle Group about taking the company private are spurring speculation among investors and analysts that a US$50-billion wave of attempted exchange deals in the past three years is not over.

13 Feb 2013 - 5:14am

Carlyle's exit prompts sell-down in insurance stocks

Mainland insurers fell in Hong Kong and Shanghai yesterday, led by Ping An Insurance and China Pacific Insurance, as investors rushed to cash out from a sector that was seen as overbought in the recent rally.

9 Jan 2013 - 4:08am

Focus Media accepts US$3.7b buyout offer

Focus Media was accused of fraudulently overstating by about 50 per cent the number of screens in its digital display-advertising network across the mainland. Photo: Bloomberg

Focus Media has agreed to go private in a US$3.7 billion acquisition led by its founding chairman, global investment firm Carlyle Group and leading mainland private equity companies.

21 Dec 2012 - 4:26am

Carlyle wants SAFE to invest in fund

The Carlyle Group, one of the world's largest private equity firms, is quietly lobbying big government institutions in Beijing, including the capital-rich State Administration of Foreign Exchange (SAFE), to get them to invest in its new Asia fund.

31 May 2012 - 12:00am

No records, no checks, no plan

Hong Kong-listed China Forestry Holdings announced yesterday a laundry list of wide-reaching failures in corporate governance.

1 May 2012 - 12:00am

Chinese buyers' long march on Manhattan

With real estate prices in the US souring, Chinese investors are marching to the heart of Manhattan.

30 Dec 2011 - 12:00am

Property firm plans second US deal

HNA Property Holdings, the real estate arm of China's fourth-largest airline Hainan Airlines Group, is set to acquire its second prime asset in Manhattan, a month after spending US$265 million to rescue a prime office building from foreclosure.

27 Jun 2011 - 12:00am

Latest in-flight entertainment technology helps time fly

Let's face it, for those passengers who don't get the opportunity to fly in business class or first class, taking a long-haul flight is always a misery.

8 Sep 2009 - 12:00am

Xiaoshan companies queueing up for IPOs

Zhejiang Hengyi Group, a privately owned polyester producer in Xiaoshan, is weighing a possible public share offering after selling a 26 per cent stake to Citigroup, according to government officials.

25 Mar 2008 - 12:00am

Mainland mergers soar

Last year, when China's Ministry of Commerce failed to approve the US-based Carlyle Group's US$375million purchase of an 85 per cent stake in Xugong Group Construction Machinery, some commentators were quick to condemn the decision.

27 Nov 2007 - 12:00am

Corrections & clarifications

In yesterday's report, 'Buyout giants show distinct tacks in Greater China push', the name of the co-head of Carlyle Group's Asia Partners unit should have been spelt Greg Zeluck.

21 Aug 2007 - 12:00am

Buyout giants show distinct tacks in Greater China push

The world's largest private equity funds, such as Carlyle Group, Blackstone Group and Kohlberg Kravis Roberts, attract massive amounts of investor cash but their structure, strategy and people make for very different organisations, particularly in Greater China where they are expanding their presence.

20 Aug 2007 - 12:00am