Breakingviews | Danger of dabbling

Considered view

01 Aug 2008 17:54

Trial and error

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Carlyle’s dabbling in a couple of hedge fund areas didn’t pan out. It may take a reputational hit. But at least it didn’t drag too many investors into its experiments. Cerberus, once a distressed investing shop, went deep into private equity - and could end up paying for it.

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