Carlyle to stop placement agents soliciting public pension funds
Carlyle, the US private equity firm, has decided to stop using placement agents to solicit money from public pension funds following the indictment of a New York state political figure to whom it paid $12m in finder's fees.
Carlyle, the US private equity group, is to target the UK student housing market following an agreement to build on a number of sites across London through a new joint venture.