SEC looking at Carlyle Group
Carlyle Group, a major private-equity firm, is being investigated by New York prosecutors and the Securities and Exchange Commission over whether it illegally paid intermediaries to secure $1.3 billion in investments from the state's pension fund, according to a person with knowledge of the matter.
"Carlyle has fully cooperated with the New York attorney general's investigation," Christopher Ullman, a spokesman for Carlyle, said Tuesday. "We understand this is an industrywide investigation." source>>>
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