| From WSJ: How much has the value of Carlyle Group declined over the last year or so? Roughly 40%, if you use the value of Mubadala’s investment in the firm as a guide.
Mubadala, an investment arm of the government of Abu Dhabi, has just published its first annual report. You won’t find details of any private equity investments other than Carlyle that the firm may have made, but Mubadala does reveal that it took an AED2 billion ($543 million) writedown on its investment in Carlyle.........Full Article: Source
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