Carlyle Group

The Carlyle Group is a private investment firm which describes itself as "one of the world's largest global private equity investment firms" with more than "$16 billion of equity capital". They employ more than 500 people in 12 countries.

In 2003, Carlyle managed 21 individual funds in five investment disciplines: buyout, venture, real estate, turnaround, and high yield. The industries the group currently specializes in are: Aerospace & Defense, Automotive, Consumer & Industrial, Energy & Power, Healthcare, Opportunistic Real Estate, Technology & Business Services, Telecom & Media, and Transportation.

The Group's aerospace and defense investments are a source of criticism since the Group is alleged to have connections to the Middle East, and detractors state that defense industries cannot remain profitable unless wars and threats of war continue to occur. However, its investments are focused on Asia, Europe, and North America and defense investments represent only about 7% of the group's portfolio.

Critics of The Carlyle Group also frequently note its political connections. Notable people affiliated with the Carlyle Group include:

James Baker III, former United States Secretary of State under George H. W. Bush, Carlyle Senior Counselor
George H. W. Bush, former U.S. President, Carlyle Senior Advisor to the Carlyle Asia Advisory Board,
Frank C. Carlucci, former United States Secretary of Defense from 1987 to 1989, chairman emeritus and currently strategic business advisor
Richard Darman, former Director of the U.S. Office of Management and Budget under George H. W. Bush, Senior Advisor and Managing Director of The Carlyle Group
William Kennard, former chairman of the U.S. Federal Communications Commission, Carlyle's Managing Director in the Telecommunications & Media Group
Arthur Levitt, chairman of the United States Securities and Exchange Commission (SEC) under President Bill Clinton, Carlyle Senior Advisor
John Major, former U.K prime minister, Chairman, Carlyle Europe
Fidel Ramos, former president of the Philippines, Carlyle Asia Advisor Board Member

George Soros is also a notable client of the Group.

The current chairman of The Carlyle Group is Louis V. Gerstner, Jr, former CEO and chairman of the IBM Corporation.

The Saudi Arabia relatives of Osama bin Laden (not Osama bin Laden himself) were also minor investors in the Carlyle Group until October 2001 when the family sold its $2.02 million investment back to the firm in light of public controversy surrounding the family after the September 11, 2001 Terrorist Attack.

External references

The Carlyle Group home pages
Making a mint inside "the iron triangle" of defense, government, and industry, Dan Briody, Red Herring, January 8, 2002
Be Afraid. Be Very Afraid: Those Spooky Carlyle Rumors, Jonathan A. Knee, page 26 of June 9, 2003 edition of The New York Observer

Doctors Develop New Approach To Web-based Drug Withdrawal Warnings
The University of Cincinnati has developed a faster approach for informing consumers online when the Food and Drug Administration (FDA) withdraws a medication. Researchers hope this new 24-hour update method will become the standard response system for Web sites carrying critical consumer health information.

Missing Deep Ocean Current "Supergyre"Identified: Important In Climate
Australian scientists have identified the missing deep ocean pathway -- or "supergyre"-- linking the three Southern Hemisphere ocean basins in research that will help them explain more accurately how the ocean governs global climate.

New Quartz References For Workplace Safety
Chemists at NIST have developed a new set of reference materials that could contribute to significant improvements in workplace safety through more accurate measurement of the amount of quartz dust in the air.

Same-sex Mating By Fungi Spawned Infection Outbreak, Evidence Suggests
Same-sex mating between two less harmful yeast strains might have spawned an outbreak of disease among otherwise healthy people and animals on Vancouver Island, British Columbia, Howard Hughes Medical Institute geneticists at Duke University Medical Center have reported.

Second Extremely Resistant Bacteria Sequenced Is Surprisingly Differen
Researchers have completed the whole-genome sequence of Deinococcus geothermalis, which is only the second extremely radiation- and desiccation-resistant bacterium to be sequenced. The first was for the Guinness World Records-holder Deinococcus radiodurans, which for 50 years has been the subject of extensive investigations aimed at solving the mystery of how this microbe and its close relatives survive immense doses of x-rays and gamma-rays. Most surprisingly, many of the unique D. radiodurans genes that were strongly implicated in resistance over the last decade have turned out to be unrelated to its survival, and are not present in D. geothermalis.

A Sound Investment
FireWave brings 5.1 surround sound to Mac users. In Gear Factor.

First Ever Study To Investigate Impact Of Chronic Wasting Disease On H
Researchers at Binghamton University have a first-ever opportunity to determine if Chronic Wasting Disease (CWD) in deer can be spread to humans who ingest "infected"meat.

Microbes Yield Secrets Of Survival
The first comprehensive study of the proteins in a microbial community is providing insights into how microorganisms evolve, specialize and cooperate in order to adapt to extreme conditions of temperature, acidity, and toxicity.

Small-scale Fishing In Mexico Rivals Industrial Fisheries In Accidenta
New research shows that a small-scale Mexican fishery -- operated by hand from small open boats -- can kill as many critically endangered loggerhead sea turtles as all of the industrial fishing fleets in the North Pacific Ocean put together. On a per-hook or per-net basis, the Mexican fishery is 10 to 100 times as deadly, the study found.

Tiny Bundles Seek And Destroy Breast Cancer Cells
A Penn State College of Medicine study shows for the first time in an animal model that ceramide, a naturally occurring substance that prevents the growth of cells, can be administered through the blood stream to target and kill cancer cells.

MP3 Music Downloads

Preview songs, Download Free Music,Burn CDs at ITunes.com

Carlyle Group

External references

Further reading

In the News

MP3 Music Downloads

Movies