Carlyle Group today launched www.carlyle.com, a website with information about its private equity investment approach and management teams. The site does not include internal rates of return, said Brooke Gambrell, Carlyle spokeswoman. She said the firm’s lawyers recommended not releasing them because it could be construed as a form of marketing to the general public, which is forbidden by the SEC. The SEC does not require the release of IRRs.
Carlyle Group has more than $15.8 billion under management in buyouts, venture capital, high yield and turnaround situations.
