Author: Matthew Nelson|| Date Published: January 6, 2020
Carlyle Group has formally changed its structure from a publicly traded partnership to a corporation and said it will provide a Schedule K-1 tax document to shareholders by late March.
The global investment firm said Thursday its stockholders will also receive a form on dividends and distributions following the conversion effort.
Carlyle Co-CEOs Glenn Youngkin and Kewsong Lee noted in a joint statement the company aims to increase value for shareholders through the new structure.
The company manages $222B worth of assets across 365 investment vehicles in various sectors including the defense, aerospace and government services markets.
The Defense Health Agency awarded a combined $8.07 billion in contracts to Humana Government Business, Evernorth Federal Services and Ipsos Public Affairs…
The Naval Information Warfare Center Pacific is soliciting proposals for the development and fielding of intelligence, surveillance and reconnaissance systems…
The Department of War is accelerating its push into unmanned systems, moving beyond experimentation toward large-scale production, streamlined acquisition and…