Carlyle Group LP (CG.O) Key Developments |
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Carlyle Group LP (CG.O)

CG.O on Nasdaq

30 Jun 2016
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Latest Key Developments (Source: Significant Developments)

Carlyle Group LP - DBRS settles U.S. SEC charges over mortgage ratings oversight - Reuters
Monday, 26 Oct 2015 12:40pm EDT 

Carlyle Group LP:Credit rating agency DBRS Inc will pay $5.81 million to settle U.S. Securities and Exchange Commission charges that after the financial crisis, it failed to monitor the accuracy of its mortgage securities ratings as it had promised, the regulator said on Monday - RTRS.According to the SEC, DBRS from 2009 to 2011 misrepresented that it would conduct monthly reviews of all its ratings on U.S. residential mortgage-backed securities and re-securitized real estate mortgage investment conduits, including quantitative analyses and reviews by a surveillance committee.The SEC said New York-based DBRS lacked the staffing and technology to adhere to the surveillance methodology it published in April 2009, and that the committee reviewed only a "limited" number of the ratings - RTRS.Investors, politicians and regulators have pushed rating agencies to tighten oversight, after faulting them for fueling the financial crisis by inflating ratings or failing to downgrade risky or illiquid securities fast enough - RTRS.Without admitting or denying wrongdoing, DBRS agreed in the settlement to pay a $2.925 mln civil fine, give up $2.742 mln of rating surveillance fees from 2009 to 2011, and pay $147,482 in interest - RTRS.It also agreed to be censured and hire an independent consultant to improve its internal controls - RTRS.  Full Article

Carlyle Group LP fires Indonesia dealmaker charged in Singapore insider trading -source - Reuters
Tuesday, 13 Oct 2015 08:00pm EDT 

Carlyle Group LP:Carlyle Group LP fired its top dealmaker in Indonesia after the banker was fined by Singapore's financial regulator in an insider trading case, a source with direct knowledge of the decision told Reuters on Thursday - Reuters.Jakarta-based Vincent Rajiv Louis, who joined Carlyle as Indonesia head in May 2013, was sacked on Wednesday after the private equity firm learned of the charges in Singapore, said the source, who declined to be named because the decision remained confidential - Reuters.A Carlyle spokeswoman in Hong Kong declined to comment. Rajiv did not respond to repeated calls and emails by Reuters for comment on Thursday, a day after he said that he still worked for Carlyle Group - Reuters.The Monetary Authority of Singapore (MAS) said in a statement on Wednesday it fined Rajiv, a former Indonesia investment banking head of UBS, S$434,912 ($313,857) in the 2012 insider trading case - Reuters.The MAS said Rajiv bought 1 mln PT Bank Danamon shares in March 2012 through his wife's bank account in Singapore after he possessed price-sensitive and non-public information on a proposed acquisition of Danamon by Singapore's DBS Bank - Reuters.DBS announced the proposed acquisition in April 2012 and MAS said Rajiv made a profit of S$173,965 from his insider trades when he was with UBS. Due to regulatory issues, DBS subsequently pulled the plug on the Danamon deal - Reuters.  Full Article

Carlyle Group LP announce agreement on future investment and joint partnership plan
Tuesday, 29 Sep 2015 06:30am EDT 

Carlyle Group LP:Says Pa consulting group and the Carlyle Group announces agreement on future investment and joint partnership plan.Pa consulting group says have signed an agreement for Carlyle to invest in pa for a 51 percent shareholding of the company.Pa consulting group says the investment values pa at $1 billion and is expected to close in Dec. 2015.Pa consulting group says capital for investment will come from Carlyle Europe partners IV, a European upper-mid market buyout fund.Pa consulting group - cep IV has made four other investments in European companies as of Sept. 1, 2015.  Full Article

The Carlyle Group and The Chertoff group acquire majority stake in Coalfire Systems
Wednesday, 16 Sep 2015 06:00am EDT 

Carlyle Group LP:Announces that they have acquired a majority stake in Coalfire Systems, Inc.  Full Article

The Carlyle Group announces agreement to acquire Blyth Inc
Monday, 31 Aug 2015 07:00am EDT 

The Carlyle Group:Announces that they have entered into a definitive agreement under which The Carlyle Group will acquire all of Blyth's outstanding shares of common stock in a transaction valuing Blyth at $98 million.  Full Article

Zegona Communications PLC to acquire Telecable De Asturias S.A. from Carlyle Group
Monday, 27 Jul 2015 02:00am EDT 

Zegona Communications PLC:Says that it expects to acquire telecable de asturias s.a. for e640 mln from the Carlyle Group & Liberbank zegona's fundraising backed by global equity investors.  Full Article

Extreme Reach acquires Talent Partners from Carlyle Group
Monday, 15 Jun 2015 10:00am EDT 

Extreme Reach:Completed the acquisition of Talent Partners from The Carlyle Group (Nasdaq:CG) and other minority shareholders.Carlyle Equity Opportunity Fund will retain an ownership position in the combined company.Financial terms of the transaction were not disclosed.  Full Article

Carlyle Group prices offering of common units
Tuesday, 2 Jun 2015 09:10am EDT 

Carlyle Group:Prices an offering of 7,000,000 common units by Carlyle.Offering is expected to close on June 5.Citigroup and J.P. Morgan are serving as underwriters for the offering.Accordingly, Carlyle will not retain any proceeds from the offering.  Full Article

Carlyle Group LP announces offering of common units
Monday, 1 Jun 2015 04:30pm EDT 

Carlyle Group LP:Says offering of 7,000,000 common units by Carlyle.Citigroup and J.P. Morgan will act as underwriters for the offering.Intends to use the net proceeds from the offering to purchase an equivalent number of outstanding Carlyle Holdings partnership units from existing unit holders, including certain of its directors and executive officers.  Full Article

Carlyle Group LP declares quarterly distribution
Tuesday, 10 Feb 2015 07:00pm EST 

Carlyle Group LP:Declares a quarterly distribution of $1.61 per common unit to holders of record at the close of business on Feb. 23, payable on March 6.  Full Article

Deals of the day- Mergers and acquisitions

June 30 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: