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Carlyle Group LP

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  • Oct 30- Apollo Global Management LLC reported a bigger-than-expected 91 percent drop in third-quarter profit on Thursday, as its private equity funds depreciated, in stark contrast to its peers, and the firm generated less cash from selling assets. A halt to the stock market rally weighed on the earnings of all of Apollo's publicly listed peers, with KKR& Co LP and...

  • Fed day: Give these guys your money Wednesday, 29 Oct 2014 | 8:41 AM ET
    Federal Reserve Board Chair Janet Yellen.

    Investors betting on rising rates and bank stocks may want to consider fund managers, especially with the Fed in no rush to push rates up.

  • Peer KKR& Co LP reported a 17 percent decline in third-quarter pretax profit earlier this month, while Blackstone Group LP reported an 18 percent rise. This translated into post-tax ENI of 55 cents per adjusted unit in the third quarter of 2014, slightly ahead of the average analyst estimate of 54 cents in a Thomson Reuters poll. Asset sales included Beats...

  • SEC boosts scrutiny of private equity performance Wednesday, 29 Oct 2014 | 7:15 AM ET

    The SEC is examining how private equity firms report a key metric of their past performance, as the regulator boosts scrutiny of the industry.

  • Including the general partner's money in the average net returns can inflate the fund's average net performance figure, and the SEC is investigating whether private equity fund managers properly disclose whether they are doing that or not, the sources said. An SEC spokeswoman declined to comment. The SEC's focus on the average net IRR disclosures, which has...

  • NEW YORK, Oct 23- Private equity firm KKR& Co LP reported a lower-than-expected 27 percent year-on-year drop in third-quarter profit on Thursday, as its holdings appreciated more than many analysts foresaw and it generated more cash by exiting its investments. KKR's steep earnings drop was driven by a lower appreciation of its private equity investments...

  • *Third-quarter ENI 66 cents per share; Wall Street view 72 cents. Oct 16- Blackstone Group LP, the world's largest alternative asset manager, on Thursday reported lower-than-expected third-quarter earnings, but said it was well positioned to profit from market jitters and put more of its $42.3 billion in undrawn investor capital to work. Blackstone, whose...

  • *Assets under management at $284 billion at end September. Third-quarter ENI 66 cents per share; Wall Street view 72 cents. Oct 16- Blackstone Group LP, the world's largest alternative asset manager, on Thursday reported lower-than-expected third-quarter earnings, but said it was well positioned to profit from market jitters and put more of its $42.3 billion in...

  • After the financial crisis of 2007-2009, a number of ailing U.S. refineries were sold to investors such as Carlyle Group and Delta Air Lines Inc, which lacked the credit agreements or oil trading expertise to efficiently supply their new plants. On Tuesday, Philadelphia Energy Solutions LLC, the biggest refinery on the East Coast, became the latest to join the...

  • NEW YORK, Oct 8- An investment advisor to CEOs was arraigned on Wednesday and charged with scheming to defraud, in part by falsely claiming business relationships with Tyler Winklevoss and others associated with the founding of Facebook, prosecutors said. Appearing in state Supreme Court in Manhattan, Arun Ganguly, 37, was accused of being a con artist who...

  • NEW YORK, Oct 8- Bank of America Corp has clinched a deal to provide inventory and working capital financing to the biggest oil refinery on the East Coast, replacing JPMorgan Chase& Co with a revamped arrangement that excludes physical supplies, according to a source familiar with the deal. The agreement with Philadelphia Energy Solutions, sealed on Tuesday, will...

  • Mike Cavanagh Monday, 6 Oct 2014 | 6:30 AM ET
    Mike Cavanagh CNBC Next 25

    Co-president and co-COO, The Carlyle Group

  • Fed caution about rate hike right move: Ray Dalio Wednesday, 1 Oct 2014 | 9:55 AM ET
    Ray Dalio, Bridgewater Associates

    Ray Dalio, founder of the world's biggest hedge fund Bridgewater Associates, says the Fed should wait for inflation signs before hiking interest rates.

  • Private equity preps Latin America push Monday, 8 Sep 2014 | 7:00 AM ET
    Rio de Janiero, Brazil

    Private equity and venture capital firms are set to increase their investments in Latin America after netting billions in new funds.

  • Early movers: ANF, TW, SKUL, JPM, RAX, FSLR & more Tuesday, 12 Aug 2014 | 7:33 AM ET
    Traders work on the floor of the New York Stock Exchange in New York.

    Some of the names on the move ahead of the open.

  • Summer's busiest week for markets is here Friday, 25 Jul 2014 | 6:10 PM ET
    Traders work on the floor of the New York Stock Exchange (NYSE) on Friday.

    A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.

  • JPMorgan nears sale of half its private equity biz Wednesday, 23 Jul 2014 | 6:44 AM ET
    JPMorgan & Chase Co. signage outside of the company's headquarters in New York.

    JPMorgan Chase is close to a deal to sell half its private equity business, the Wall Street Journal reported, citing people familiar with the matter.

  • J&J beats forecasts, helped by new hepatitis C drug Tuesday, 15 Jul 2014 | 10:56 AM ET

    Sales of newer prescription drugs helped boost Johnson & Johnson's earnings to a level much higher than expected.

  • Rubenstein: Private equity & hedge funds attractive

    David Rubenstein, The Carlyle Group co-founder, discusses the comeback of hedge funds from the Great Recession. Rubenstein says the funds of funds business is not dead.

  • Why Rand Paul is palling around with Wall Street Friday, 27 Jun 2014 | 2:01 PM ET
    Rand Paul

    Rand Paul is cozying up to Wall Street to give the impression he is establishment enough to run strong in 2016, POLITICO's Ben White says.