Securities Law Prof Blog

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

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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.

http://lawprofessors.typepad.com/securities/2008/01/carlyle-group-w.html

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