Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Thursday, January 3, 2008

Carlyle Group Wants to Invest in Infrastructure

First, public schools, now our infrastructure goes private ... The private equity firm, The Carlyle Group, has raised $1.15 billion for an infrastructure fund that it will use to partner with cash-strapped federal, state and local governments in public works projects like highways, bridges and airports.  Carlyle says it can run these operations better than government and make a profit for its investors.  Critics worry about public safety and security issues.  WPost, Soon, Roads Could Start Tolling for Carlyle.

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