Quote It Now

Free quotes, tips, information, and news on Insurance, Loans, Finance, Education, Travel and more.

Thursday, April 16, 2009

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>>>

Read More

0 Comments:

Post a Comment

<< Home