While this may seem like old news, it is interesting to watch what The Carlyle Group is up to. I would recommend you to do your own research on The Carlyle Group so you may have a clearer understanding of what is at play,
By ANDREW ROSS SORKIN
Published: September 21, 2007
The Carlyle Group, the buyout firm, agreed yesterday to sell a minority stake to the Abu Dhabi government in a deal that reflects the growing financial power of the oil-rich Middle East.
The deal, which values Carlyle at nearly $20 billion, strengthens the buyout firm’s ties to the Middle East, which has began to use the profits from higher oil prices to go on a buying spree.
Carlyle, which manages about $76 billion, has long had ties to the region. It was one of the original fund-raisers there and is now in the midst of setting up a fund there.