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.

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