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Stock Market & Financial Investment News

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May 21, 2014
07:02 EDTCGCarlyle Group to acquire majority stake in Talent Partners
Carlyle Group has agreed to acquire a majority interest in Talent Partners, a New York-based talent payroll, production support services and rights management solutions provider to the advertising industry. The transaction is expected to close in Q2. Equity for the investment will come from the Carlyle Equity Opportunity Fund. Paul Muratore will continue in his position as President and CEO. Matthew Kearney will join Talent Partners as Executive Chair of its Board of Directors.
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October 9, 2015
07:37 EDTCGPrivate equity asset managers attractive, says Oppenheimer
Oppenheimer expects the private equity-based asset managers to report Q3 negative economic net income. However, Oppenheimer believes that such losses are "a fiction" created by accounting. Oppenheimer's analyst continues to believe that these companies have the best business mode he has sen in 30 years of covering financial stocks, and views the group as significantly undervalued. He expects the group's cash earnings to continue on an upward path, and says that Blackstone (BX), Carlyle Group (CG), and KKR (KKR) all had "significant realizations" in Q3 and have strong backlogs.
October 7, 2015
12:18 EDTCGCarlyle eyes small acquisitions with Japan buyout fund, Bloomberg says
Carlyle Group plans to use the nearly $1B in its third Japan buyout fund to buy family-owned firms and other mid-cap companies, Bloomberg reports, citing Tamotsu Adachi, the company's managing director and co-representative for Japan. In Tokyo, Carlyle often seeks family-owned companies with enterprise values of below $300M, the report says. Reference Link

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