22.02.2013 - Carlyle buys hedge fund Vermillion in commodities expansion
Carlyle Group LP (CG), the second-largest buyout firm, bought commodities hedge-fund manager Vermillion Asset Management LLC, adding $2.2 billion in commodities assets as the firm expands beyond private equity. Carlyle purchased 55 percent of Vermillion for a mix of cash, stock and performance-based payouts, effective Oct. 1, Carlyle said today in a statement. The price wasn’t disclosed...........................................Full Article: Source
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