2002-008

Carlyle Group Named "Deal Team of the Year" by Readers of PrivateEquityCentral.net

Washington, DC – Global private equity firm The Carlyle Group was named “Deal Team of the Year” today by the 10,000 readers of PrivateEquityCentral.net, an online news organization.


According to PrivateEquityCentral.net, the Deal Team award “honor[s] the group that demonstrated uncommon innovation, unusual strategic thinking, audacity or a combination of any number of attributes necessary for clinching the right deal at the right moment.”


David Rubenstein, co-founder and Managing Director of The Carlyle Group, said, “In any investment climate, teamwork and industry are critical to achieving the results our investors seek. It’s especially gratifying for all of Carlyle’s investment professionals to have been selected for this honor by their peers in the private equity world.”


David Snow, the Editor in Chief of PEC, said, “On behalf of PEC and our thousands of readers, I heartily congratulate The Carlyle Group for being honored as the top deal team of 2001. No group is more qualified to select a Deal Team of the Year than our registered users.”


In conferring the award, PEC noted the “astonishing range of projects the firm pursued around the world and the impressive array of talent the firm managed to attract,” including the closing of its $3.9 billion domestic buyout fund (Carlyle Partners III); the naming of former FCC chairman Bill Kennard as managing director and former SEC chairman Arthur Levitt as senior advisor; the naming of former World Bank officials Afsaneh Beschloss and Jin Park to create a fund-of-funds group; the execution of Carlyle’s first deal in Japan; the expansion of Carlyle’s venture team; and the launch of turnaround and energy groups.


The Carlyle Group received the most votes in a field of five nominees that also included Platinum Equity, GTCR Golder Rauner, TA Associates and Golden Gate Capital. The five finalists were selected by PEC’s editorial team.