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Article: Public not invited to the Carlyle Group party
- Article from:
- The Herald News - Joliet (IL)
- Article date:
- October 22, 2004
- Author:
CopyrightCopyright, 2004, The Herald News. All rights reserved. REPRODUCTION PROHIBITED. (Hide copyright information)
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Dear Mr. Berko: What can you tell me about a partnership called the Carlyle Group? I have been told that it is an extremely successful consulting, investment and advisory firm that each year has billions of dollars in revenues and that Carlyle's business is international in scope.
My sister, who works for the huge California Public Employees Retirement System, tells me that it owns a small piece of this very exclusive company and that it will go public sometime next year. Sis says Carlyle is the best performing investment ever owned by CalPERS. And someone high up at CalPERS told her it would go public in the summer of 2005.
How can I buy it? Sis says she was told that it may go public, ...