Tuesday, March 25, 2008

Freedom to Make Ka-Ching

In 2002 The Carlyle Group managed $12 billion in funds. In the last few weeks that number ticked from $76 billion to over $81.1 billion in managed funds. That's nearly a six bagger in six years. Carlyle Capital just lost $600 million of its investors money. Lining up the sixes, what do you get? Six, six, six. CCC just had it's version of a bank run. Who's next? It's time to party like it's 1929!