In the chart on page 3 of the June 24 issue, the yield on the Tortoise MLP index as of June 2013 should have read 6.2%.
Before it closed the TCW Group buyout, Carlyle Group gave up incentive and management fees from EIG Global Energy Partners' future funds totaling an estimated $7 billion. Incorrect information was in the June 24, Page 1 story, “Despite NSA spying uproar, investors are still loyal to Carlyle.” Also, Carlyle Partners V earned a net internal rate of return of 13% and a 1.5x multiple, according to the company. The return data in the story reflected the returns of the $42.5 billion Los Angeles County Employees' Retirement Association, Pasadena, Calif., as of Dec. 31.
