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Carlyle Pays Lobbyist $260k

WASHINGTON (AP) — Private equity firm Carlyle Group paid Ogilvy Government Relations $260,000 to lobby the federal government in the first half of 2007, according to a disclosure form.

The firm lobbied against proposed legislation that would raise taxes for private equity firms and their managers, and on foreign investment issues, according to the form posted online Aug. 7 by the Senate's public records office.

Bruce Rosenblum, managing director of the Carlyle Group, last month told the Senate Finance Committee that changing the tax treatment for private equity managers would result in “entrepreneurs that won't get funded and turnarounds that won't get undertaken.”

Besides Congress, Ogilvy Government Relations lobbied the departments of Commerce, State and Treasury, and the U.S. Trade Representative's office.

Julie Dammann, former chief of staff for Sen. Christopher Bond, R-Mo., is among those registered to lobby on behalf of Carlyle.

Under a federal law enacted in 1995, lobbyists are required to disclose activities that could influence members of the executive and legislative branches. They must register with Congress within 45 days of being hired or engaging in lobbying.