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Founding Trio Of $158 PE Titan Carlyle Is Stepping Down From Day To Day Operations

Carlyle, the favorite private equity firm of Washington D.C. and the “military industrial complex”, has named two executives as successors to the ageing founders of the $158 billion fund, the latest rare move in an industry where similar succession plans are not usually telegraphed in advance.  Kewsong Lee and Glenn Youngkin have been appointed as […]


Founding Trio Of $158 Billion PE Titan Carlyle Is Stepping Down From Day To Day Operations

Carlyle, the favorite private equity firm of Washington D.C. and the “military industrial complex”, has named two executives as successors to the ageing founders of the $158 billion fund, the latest rare move in an industry where similar succession plans are not usually telegraphed in advance.  Kewsong Lee and Glenn Youngkin have been appointed as […]


Toys “R” Us To File Bankruptcy Any Minute; Bonds Crash

Over the weekend, we reported that vendors to iconic toy retailer Toys “R” Us had halted shipments over payment concerns and/or getting their receivables crammed down alongside other unsecured claims ahead of what appeared to be an imminent bankruptcy. Well, they were right, and according to Bloomberg a Chapter 11 filing by Toys “R” Us […]