with its organizational set up and philosophy to have its players sitting on various corporate Boards of Directors, TCG must be tiptoeing around illegal interlocking directorates (the Clayton anti-trust act)
http://progressiveliving.org/interlocking_directorates_def.htmfrom the Wayback Machine ... the Carlyle Group 12/2/1998
http://web.archive.org/web/19981202105525/http://www.thecarlylegroup.com/Overview
The Carlyle Group is a private global investment firm, based in Washington, D.C., which originates, structures and acts as lead equity investor in management-led buyouts, strategic minority equity investments, equity private placements, consolidations and build-ups, and growth capital financings.
Formed in 1987, The Carlyle Group has invested over $1.4 billion of equity in 50 transactions. The annualized return on these investments is in excess of 34%.
The firm currently has more than
$2.6 billion of capital under management by separate teams dedicated to management-led buyouts and strategic minority investments, venture capital, real estate and European investment opportunities. The firm conducts its investment activities through focused industry groups which leverage the extensive operating, corporate and governmental experience of its partners.
Carlyle's extensive transaction experience and network of global partners is a source of corporate opportunities unparalleled in the private equity investment community. Our goal is a simple one -- to generate extraordinary investment returns, while maintaining our good name and the good name of our partners.
Carlyle's industry focus includes the following industries:
Aerospace Defense Electronics Telecommunications
Information Technology Healthcare Environmental Services Real Estate
~snip~
Carlyle Partners Leveraged Capital Fund I, L.P.
Carlyle Partners Leveraged Capital Fund I, L.P., was the first investment fund of The Carlyle Group.
Started in 1990, with $100 million in commitments from leading domestic and international institutions, the Fund was invested in 14 transactions with an industry focus by Carlyle's investment professionals. An internal rate of return in excess of 31% was realized and the value of the fund quadrupled to over $400 million.
~snip~
Carlyle - Europe
In order to accommodate strong deal flow and major restructuring opportunities in Europe, The Carlyle Group has brought together a separate group of investment professionals to invest in the western European market. Combining the talents of European private equity investors with long and notable track records and veteran investors in the areas of Carlyle's investment expertise, the team is focused on transactions in several countries including France, Germany, the U.K., Switzerland, Italy, the Benelux, and Scandinavia.
Carlyle Europe draws on the advice of a board of distinguished businessmen and government leaders including former U.S. Secretary of State James A. Baker, III; former U.S. Secretary of Defense Frank C. Carlucci; Etienne Davignon, Chairman of Société Générale de Belgique; Reto Domeniconi, former General Manager of Nestle‚ and currently member of its Board; Fritz Gerber, Chairman of the Board and Chief Executive Officer of Hoffman - La Roche, Ltd.; Sir Denys Henderson, former head of I.C.I. and now Chairman of the Rank Group; Lord Geoffrey Howe, former British Chancellor of the Exchequer, Foreign Secretary and Deputy Prime Minister; Eberhard von Kuenheim, former CEO and now Chairman of the Supervisory Board of B.M.W.; Henri Martre, former Chairman of Aerospatiale; Karl-Otto Pöhl, former Chairman of the German Bundesbank; Peter Sjöstrand, former Chairman of the Board of Trygg Hansa; and Juan Villalonga, Chairman of Telefonica.
~snip~
Carlyle - Offset
The Carlyle Group is the official Advisor to the Saudi Economic Offset Program. In this capacity, Carlyle actively identifies, structures and helps implement viable joint venture in the Kingdom.
The Saudi Arabian Economic Offset Program
The Saudi Arabian Economic Offset Program (EOP) is an innovative investment program established in 1984 to help form profitable businesses in Saudi Arabia.
~snip~
Board Memberships
Due to our strong operations orientation and reputation, Carlyle's principals have been recruited to serve on a number of prominent corporate Boards of Directors with other distinguished members of the U.S. business community.
Our participation on these boards provides us with access to the senior management of not only the respective companies, but also to the companies of all the other independent directors. A partial listing of such memberships follows.
The Aerostructures Corporation
Ashland, Inc.
Baker & Taylor, Inc.
BDM International, Inc.
CB Commercial Real Estate Group, Inc.
Elgar Electronics Corporation
Federal Data Corporation
GTS Duratek, Inc.
Genesis Cable Communications, L.L.C.
Howmet International, Inc.
InSight Health Services Corp.
International Technology Corporation
Kaman Corporation
LCC International, Inc.
Lear Siegler Services, Inc.
Neptune Communications Corporation
Neurogen Corporation
Nextel Communications
Northern Telecom Ltd.
PRA International, Inc.
Pharmacia & Upjohn, Inc.
The Quaker Oats Company
The Reilly Corp.
SWM Holdings, Inc.
Telcom Ventures, L.L.C.
Texas Biotechnology Corp.
Tracor Corporation
U. S. Office Products
United Defense Industries, Inc.
Westinghouse Electric Company
(not to mention the NYTimes ... and this list is 7 years old)
~snip~
R. K. Mellon Family
In addition to its own unique network of relationships,
Carlyle directly benefits from the equally unique network of its minority owner, the Richard King Mellon Family. The R. K. Mellon Family is one of the nation's oldest and most respected investors and allows Carlyle to share in its substantial deal generating capacity. Among the companies which the R. K. Mellon Family helped found are The Mellon Bank, Gulf Oil, Alcoa, and First Boston. Currently the R. K. Mellon Family has extensive investments throughout the U.S. and international markets, as does the Richard King Mellon Foundation.
The Global Network
The sophisticated nature of Carlyle's over 100 global investors yields many non-competitive and strategic corporate acquisitions. Many of our transactions flow through a pipeline of global investors, each with a local geographic perspective. Carlyle considers the following premier private equity investors, among others, as investment partners with longstanding relationships:
American International Group ("AIG")
Bank of America
Bank Austria Bank
Indosuez
Bank of New York
Bankers Trust
Boeing
CalPERS
Champion International
Chase Manhattan
Citicorp
Credit Lyonnais
Credit Suisse
Dresdner Bank
Equitable Companies
Florida State Board of Administration
Gannett Company
General Motors Investment Management Corp.
Government of Singapore Investment Corp.
IKEA
Kuwait Investment Authority
Los Angeles County Retirement Association
Michigan Department of Treasury
NYNEX
NationsBank
Northrop Grumman Corp.
Northwestern Mutual Life
Pacific Telesis Group
Soros Capital
Swiss Reassurance Corp.
University of Chicago
University of Texas
In addition to the investors listed above,
Carlyle's principals have established longstanding relationships with the leading families, endowments and individuals around the world including Europe, the Middle East, Asia and Latin America. ~snip~
http://makeashorterlink.com/?M3E5226CA (links to
http://web.archive.org/web/*/
http://thecarlylegroup.com)