Carlyle Says Implied Value Dropped to $9.4 Billion Last Year

Carlyle Group LP (CG) said it had an implied enterprise value of about $9.4 billion at the end of 2011, down from $10 billion at the end of 2010.

The amounts were based on fair value estimates of equity interests tied to Carlyle’s 2010 purchase of a majority stake in hedge fund manager Claren Road Asset Management LLC, according to a regulatory filing today.

To contact the reporter on this story: Lee Spears in New York at lspears3@bloomberg.net

To contact the editor responsible for this story: Jennifer Sondag at jsondag@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.