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Wednesday, April 27, 2011

Carlyle distributed $6.4 billion in Q1 -source

Private equity firm Carlyle group distributed a bumper amount of $6.4 billion to investors in the first quarter, according to an investor in its funds. Private equity firms' returns and distributions have been rising since the credit crunch when the valuations of their funds were hurt and their ability to exit investments was constrained. Carlyle told investors about the distribution amount, the most distributed in a quarter, in a recent letter, the investor said. It is more than the $7.5 billion that the firm distributed in all of 2010, the investor said. The investor declined to be named as the matter is not public. The figure includes return on their original capital invested as well as profit.

Source