CARLYLE Group's "Distressed Investment Funds" are doing VERY WELL!!! Expanding, in fact...

[elehhhhna]

Distress fund finds patience reaps rewards
By Rod Newing

Published: September 15 2008 03:00 | Last updated: September 15 2008 03:00

The $1.5bn in Carlyle Group's dedicated distress fund is dwarfed by the near $90bn in private equity funds that the firm has at its disposal. But the returns can be considerably higher.

Whereas buy-outs might generate a 25 per cent internal rate of return over three to five years, distressed investments can yield 40 to 60 per cent within two years. "We have chosen to work in this asset class because we like the risk/reward ratio," says Brett Wyard, co-head of the Carlyle Strategic Partners fund...

In contrast, a distressed organisation is on the wrong path and has to change direction and be financially restructured. The cause can be an industry in pain, mismanagement, a cyclical business in a trough or bankruptcy.


http://www.ft.com/cms/s/0/c1c452e6-82bb-11dd-a019-000077b07658.html

[liberalmuse]

1. A lot of our Trillion will be going here.

Bet on it.

[stillcool]

2. scuse me...

I have to go :puke: my brains out

[WarbirdForObama]

3. GRRRRRRRRRRRRRRRRRRRRRRR

........And whose Daddy is a Big Wig in this Group????????

GRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

Pitch Fork - Check
Torch - Check

[elehhhhna]

5. the Bin Ladens, Bushes, Bakers, etc.-- making out like BANDITS!

[wildbilln864]

4. k&r damnit where are the rest. nt

[elehhhhna]

6. Carlyle JV targets $1.2bn in US distressed properties

Carlyle JV targets $1.2bn in US distressed properties

PrivateEquityRealEstate.com (subscription) - ‎ Sep 12, 2008 ‎
A joint venture between The Carlyle Group and GFI Capital Resources Group is looking to acquire distressed residential apartment buildings in the US. ...


http://news.google.com/news/search?ned=us&hl=en&num=10&q=carlyle+group&start=20

[elehhhhna]

7. Subcrime Questions As Freddie Mac Handed to Moffett of Carlyle

Subcrime Questions As Freddie Mac Handed to Moffett of Carlyle and ...
Inner City Press - ‎ Sep 7, 2008 ‎
Inner Ci...NEW YORK, September 7 -- US Treasury Secretary Hank Paulson's announcement today that he is unilaterally appointing


http://news.google.com/news/search?ned=us&hl=en&num=10&q=carlyle+group&start=30

[dooner]

9. I noticed that too.

Red flag.

[annabanana]

8. And people think we're exaggerating when we characterize these creeps as

blood-sucking vampires