Tuesday, August 01, 2006

WSJ.com - Carlyle Will Join Financiers' Moves Into Hedge Funds

"Carlyle Group is planning to start a hedge fund to trade stocks and bonds, in the latest move by private-equity firms to enter new businesses as their traditional way of investing struggles to keep pace with the billions of dollars pouring in from investors.
Carlyle is close to hiring Ralph Reynolds to lead the new unit, people familiar with the matter said. He is the global head of proprietary trading at Deutsche Bank AG in New York, which has one of the world's largest and most aggressive trading operations."

1 comment:

softech said...

Interesting… I might try some of this on my blog, too. It’s quite interesting how you sometimes stop being innovative and just go for an accepted solution without actually trying to improve it… you make a couple of good points.
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