Gathering more capital allows them to collect more in management fees, a revenue stream prized by Wall Street
Wed, Oct 22, 2014 - 5:50 AM
MR RUBENSTEIN: Is on a campaign to attract a type of investor that has relatively little experience in private equity: individuals
FOR decades, David M Rubenstein has persuaded big institutions such as pension funds and university endowments to invest billions of dollars with his private equity firm, the Carlyle Group, promising them better returns than the general market. But in recent months, he has...