Carlyle Group

SoftBank Group -backed Cohesity told Reuters on Wednesday it agreed to acquire the data protection business of information technology company Veritas, in a deal that sources said is worth about $3 billion, including debt.Cohesity has raised about $1 billion from investors, including Haveli Investments, Premji Invest and Madrona, to help fund the transaction, one of the sources said, requesting anonymity because the companies are not disclosing financial terms.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

The move is the first major appointment by the private-equity firm’s new chief executive officer, Harvey Schwartz. The move is the first major appointment by the private-equity firm’s new chief executive officer, Harvey Schwartz. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their…

The former chief executive of Domino’s Pizza Inc. DPZ -0.94% is joining Burger King parent Restaurant Brands QSR -0.18% International Inc. as its executive chairman, and will take a stake in the company as it seeks to improve its operations. Patrick Doyle, an executive partner at investment firm Carlyle Group Inc.,…

Kim Kardashian and a former partner at Carlyle Group Inc. CG 2.05% are launching a new private-equity firm focused on investing in and building consumer and media businesses. Ms. Kardashian is teaming up with Jay Sammons, who ran consumer investing at Carlyle, to launch SKKY Partners, they said in separate interviews. SKKY will make investments in sectors including consumer…

As Kewsong Lee’s five-year contract was drawing to a close, advisers to Carlyle Group Inc.’s CG -6.23% CEO worked with representatives of the buyout firm to prepare an initial proposal for a new deal. Submitted this past spring, the contract proposal never got a response from Carlyle’s board, according to people familiar with the matter. Carlyle said late Sunday that Mr. Lee, who has been its chief…

Senate Democrats are poised to raise taxes on a key source of private-equity managers’ income, capping a 15-year quest to close what many lawmakers see as an egregious gap in the tax code.The tax increase on carried-interest income, which is tied to the performance of investments when they are sold, had seemed dead until late Wednesday. But then Sens. Joe Manchin (D., W.Va.) and Chuck Schumer (D., N.Y.) included it in a last-minute deal that the Senate could pass as soon as next week. It’s…