OREANDA-NEWS. Global alternative asset manager The Carlyle Group (NASDAQ: CG) today released the following statement:
"We are pleased to be among the first private equity General Partners to endorse and support the new fee reporting initiative announced today by the Institutional Limited Partners Association. Carlyle has long been committed to transparency, advancing industry best practices and responsively serving the needs of our investors. We look forward to working with ILPA on the rollout of this reporting initiative and have a team working to implement this system at Carlyle."
The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $188 billion of assets under management across 126 funds and 160 fund of funds vehicles as of September 30, 2015. Carlyle's purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions. Carlyle invests across four segments - Corporate Private Equity, Real Assets, Global Market Strategies and Investment Solutions - in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Carlyle has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications 8i media and transportation. The Carlyle Group employs more than 1,700+ people in 35 offices across six continents.