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.
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