Carlyle Group to raise $1 billion U.S. infrastructure fund (port related?)

LONDON (MarketWatch) -- The Carlyle Group (CAY.XX) is raising a $1 billion U.S.-focused infrastructure fund, people familiar with the matter told Dow Jones Newswires Thursday.
The Washington, D.C.-based group is the first buyout house to create a fund of this size focused on U.S. infrastructure, such as rail, airports, water assets, schools, hospitals and public-private partnership projects.
The fund reflects the strong demand from institutional investors, particularly pension funds, for assets that offer long-term, stable returns to cover their liabilities.
"There is a growing demand from institutional investors to look at other investment classes, including infrastructure, because of the long-life nature and low-risk profile of infrastructure assets," said Robert W. Dove, a former senior vice president of Bechtel Group Inc. (BTL.XX).

snip...

"There is demand for increased funding from the private sector in public infrastructure assets, because of government privatizations, new build, or public-private partnerships," Gold told Dow Jones Newswires in an interview.

more...

http://www.marketwatch.com/News/Story/Story.aspx?guid=%7BC0711B2A%2D9E9E%2D44AF%2DBC4F%2DC9F4620854FE%7D&dist=newsfinder&siteid=google&keyword=&print=true&dist=printTop

whose on their board? Think GOP!!!!

You should too.

First thing you should know is that George H.W. Bush is one of the key players, along with James Baker III, and a bunch of rightwing ex-politicos from around the world. The binLaden Family were heavy investors (probably still are) until shortly after 9-11.

It's a private equity firm -- which means they don't fall under any corporate reporting laws in the U.S. (under the radar screen!!!).

I think they're a very, very dangerous organization.

You ought to look up what happened with United Defense, one of the defense industry companies they bought and then took public just in time to profit mightily from it right after 9-11. Most of what they're involved in isn't even known, probably.

Meet the Carlyle Group

http://www.hereinreality.com/carlyle.html


A March 10, 2006 article
Bush Family, Dubai Ports World and the Carlyle Group: More incest than a village in Appalachia*

http://tinyurl.com/znsm5

are back in.

understand the contrast between second and third world poor people and the very rich?

period of time