Hints and tips:
...Another deterrent was the requirement to invest half the deal’s value into Carlyle Partners VIII, said people briefed on the matter....
...Goldman Sachs advised the vehicle to be funded by CVC Capital Partners Fund VIII and Haveli Investments. The deal is subject to regulatory approvals....
...In September, Carlyle shut its US consumer, media and retail private equity investment group and dismissed some investment staff....
...Carlyle had sold off $1.4bn in investments and was marked at a fair value of $21.5bn, or a 1.3 times gain....
...Now consider that same 2 per cent levy applied to the largest fund raised to date — Blackstone’s $26bn Capital Partners VIII fund. That would chuck off $520m — or 193 times as much....
...No explicit guidance on returns for the new fund, known as BCP VIII, was provided at an investor day in New York in September....
...Bain Capital spread its investment in the retailer over multiple funds, according to the SEC filing. Much of the investment came from its $4.1bn Bain Capital VIII fund, raised in 2004....
...Then sell the company at a premium, with the upside multiplying the value of the equity investment....
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