blogs.wsj.com - 12/3/2008
—
rubenstein1203_E_20081203144654.jpg Associated Press
Comments
Blog Reactions
Layoffs Watch '08: Carlyle
Dealbreaker —
... Deal Journal reports that the buyout shop will cut approximately ten percent of its 1,000-person staff, firmwide. We're also told that Carlyle is supposedly shutting down its west coast operations, though it's unclear if the shuttering would be of all three California offices (LA, Menlo Park and San Fransisco) or just one (according to DJ, it's only the Silicon Valley). ...
PE Layoffs: Slashin’ and Burning
BankersBall —
... reported that some investment professionals would be axed as well. The company notified people on Tuesday. “We are still going to be the largest firm out there in terms of products offered. These are modest, targeted cuts to position the firm” a Carlyle spokesman told the WaPo. Carlyle’s Silicon Valley office is also being closed, reports the WSJ. Recently, Carlyle has also closed is leveraged finance units in Europe and Asia. ...
Related Content
Carlyle raises €530m for new fund
ft.com 11/3/2008 — The Carlyle Group is to say it has raised €530m ($673m) for small buy-outs of European technology companies, showing there is still life at the smaller end of the private equity market in spite of the financial crisis
Deal Journal - WSJ.com : Piracy v. Private Equity: A Comparison
blogs.wsj.com 11/20/2008 — While every kind of legal deal making is down this year, one practice is up: Piracy. Pirate hijackings of oil tankers have surged 75% during 2008 , according to the International Maritime Bureau’s weekly piracy report . (Who knew?) And they’re making ...
Optimism About Private Equity? One Study Says It’s Out There
dealbook.blogs.nytimes.com 12/5/2008 — Despite the problems plaguing the private equity industry these days, a chunk of institutional investors believe that their industry will continue to throw money into buyout funds.
That’s one of the results of a study conducted by Prequin, an ...
Follow WallStreetBlips on Twitter
