Low energy prices hit some Carlyle funds: Reuters

Carlyle Group LP said on Friday the value of its natural resources-focused private equity fund portfolio fell by 8 percent in the fourth quarter, highlighting the impact of lower oil and natural gas prices on such investments.


KKR hires head of energy in Europe, Middle East and Africa

Kohlberg Kravis Roberts has hired Haroun van Hövell as a managing director and the head of its energy team covering Europe, the Middle East and Africa. Van Hövell joins KKR from Riverstone Holdings, where he worked as a managing director. He also worked at 4Gas Holding, The Carlyle Group and Salomon Smith Barney.


Carlyle Group hires Georgette Kiser as CIO

The Carlyle Group has hired Georgette Kiser as managing director and chief information officer. She also will join the management committee. Kiser joins Carlyle from T. Rowe Price Group Inc., where she was vice president and director of enterprise solutions and capabilities for services and technology. At Carlyle, Kiser will lead the firm’s global information technology group.


Carlyle invests $32.8 mln in Newgen KnowledgeWorks

The Carlyle Group has invested $32.8 million for a 54.85 percent stake in Newgen KnowledgeWorks Private Limited, which provides publishing and technical services for publishers, especially in the U.S., UK and Europe. Carlyle made the investment from First Carlyle Ventures III. Carlyle bought the stake from Franklin Templeton Private Equity Strategy, Aureos South Asia Fund and ePlanet Capital. The firm first invested in Newgen in 2004 and exited its stake in 2011.


Duff & Phelps adds three MDs

Duff & Phelps, which is backed by The Carlyle Group, said it has added three managing directors. Richard Newby and Shiv Mahalingham have joined the London office and Christopher Newman has joined the Silicon Valley office. The MDs are joining Duff & Phelps cross-border pricing team.


Carlyle gave LPs option not to use smart badges

The high tech name badges that The Carlyle Group used to track the movements of its limited partners at its annual meeting in September are part of a suite of technologies being used increasingly by conference organizers and event planners.


Michael Hart appointed president of Carlyle GMS Finance

The Carlyle Group has appointed Michael Hart as managing director and president of Carlyle GMS Finance, a business development company targeting middle market investing, as well as its affiliated investment vehicle, NF Investment Corp. Hart joins Carlyle from Blackrock Solutions, where he was a managing director and co-head of the US advisory practice within the financial markets advisory group.


CCMP agrees to buy part of Carlyle’s stake in PQ Holdings

CCMP Capital Advisors has agreed to invest in PQ Holdings, a specialty chemical business for the consumer, oil and gas, transportation safety, specialty plastics and industrial markets. CCMP has agreed to acquire a 47 percent interest in PQ from The Carlyle Group. Existing shareholders INEOS, Carlyle and company management will continue to own about 53 percent of the company. The deal is expected to close in late 2014 to early 2015.

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