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Wight joins Carlyle Group

The Carlyle Group said Wednesday that Jill Wight has joined the firm as a Principal in the U.S. middle market team in a newly-created operations role. Wight was previously with Goldman Sachs where she was a Director in the Special Situations Group.

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PE HUB First Read

First Read ushers in your morning with news that Chinese Uber rival Didi Kuaidi has raised $2 billion in funding, massive layouts are expected at Microsoft and Greece is given until Sunday to settle debt crisis or face disaster.

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Carlyle GMS Finance closes $400 mln CLO

Carlyle GMS Finance Inc., a BDC managed by the Carlyle Group, said Monday it closed its first  middle-market CLO at $400 million. Proceeds of the CLO will be used mainly to finance middle-market loans originated by Carlyle GMS Finance.

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Carlyle to acquire 18.54% of JIC Leasing

The Carlyle Group said Monday it has agreed to invest $115 million for an 18.54 percent stake in JIC Leasing Co. Beijing-based JIC is a financial leasing company in China that targets leasing equipment in sectors such as information technology, advanced equipment manufacturing as well as healthcare, environment and alternative energy. Equity for the investment is coming mainly from Carlyle Asia Growth Partners IV.

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Carlyle invests $120 mln in Shanghai ANE Logistics

The Carlyle Group said Sunday it had agreed to invest about $120 million in into Shanghai ANE Logistics Ltd. Shanghai-based ANE provides road transportation and delivery services for cargos between 15 kilograms and three tons. Equity for the transaction will come from Carlyle Asia Partners IV.

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Costello rejoins AlpInvest Partners

Neal Costello has rejoined AlpInvest Partners as a Managing Director on its Secondary Investments team. Costello is now a member of AlpInvest’s Investment Committee. Costello previously worked for AlpInvest from 2003 to 2013. He was most recently a Senior Principal at the Canada Pension Plan Investment Board. AlpInvest is backed by the Carlyle Group.

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Carlyle to sell 20 mln CommScope shares

CommScope Holding Co. Inc. said Wednesday that The Carlyle Group is selling 20 million shares in a secondary offering. The underwriter, J.P. Morgan Securities, also has the option to buy up to 3 million additional shares from Carlyle. Following the deal, Carlyle’s stake will drop to about 31 percent if the underwriter exercises its option. Carlyle acquired CommScope, which makes telecommunications equipment, in 2010. CommScope went public in October 2013.

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Carlyle, CVC invest in Neptune Oil & Gas

The Carlyle Group and CVC Capital Partners said Tuesday they have agreed to fund Neptune Oil & Gas Ltd. Financial terms weren’t announced. London-based Neptune will be investing in large oil & gas portfolios. Sam Laidlaw, an industry veteran, will lead Neptune and is its Executive Chairman.

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Carlyle closes buy of Nationwide Accident Repair

The Carlyle Group said Thursday it completed its buy of Nationwide Accident Repair Services PLC. The deal was announced in April. Nationwide, of the U.K., provides automotive crash repair and accident administration services to the automotive insurance industry. Nationwide has also applied to the London Stock Exchange to delist from AIM.

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Cohn-Sfetcu joins Carlyle

The Carlyle Group said Wednesday that Dan Cohn-Sfetcu has joined the firm as Managing Director. He will originate and execute middle market credit investments for Carlyle GMS Finance Inc., a Business Development Company, as well as its affiliated investment vehicle, NF Investment Corp. Carlyle GMS is focused on lending to U.S. middle market companies. Cohn-Sfetcu was previously an MD with American Capital.

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