Carlyle Group, and Other Private Equity Firms, Look Good as Long as Interest Rates Stay So Low

While Bain Capital co-founder Mitt Romney was busily making headlines running for the presidency of the United States, his erstwhile colleagues in the private equity industry were busy doing deals – and none more so, it seems, than those at Carlyle Group LP (CG), which put more than $5.6 billion to work in the third quarter. That figure includes transactions that closed during the period, such as the auto body-shop chain King Collision Repair Centers, and those announced but still pending...