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July 31, 2008

Carlyle Group set to close hedge fund

The Carlyle Group, the private equity firm, is shutting down its hedge fund business – pulling the plug after losses last year and a disappointing performance this year.

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Hedge fund nominees get most votes to CSX board

CSX Corporation says four nominees of activist hedge fund shareholders TCI and 3G received a larger number of votes than four of CSX's nominees to its board of directors.

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Carlyle to Shutter Blue Wave Hedge Fund After Losses

July 31 (Bloomberg) -- Carlyle Group, the world's second- largest private-equity firm, is liquidating its Blue Wave hedge fund after assets fell by a third during the credit-market collapse.

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Carlyle to Close Down Blue Wave Hedge Fund

The Carlyle Group said Thursday that it has begun liquidating its Blue Wave hedge fund, amid big losses since its inception last year.

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Carlyle liquidating Blue-Wave hedge fund

Carlyle Group , the big private equity firm, said on Thursday it is liquidating its only hedge fund, Carlyle-Blue Wave Partners Management LP, after the fund failed to achieve "critical mass."

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