Private Equity
Morning, Hubsters. Who watched the debates last night? I did for a bit. I must say I was most entertained by Marianne Williamson. It's official. Carlyle Group has become the latest buyout shop to convert to a C-corp. The PE firm also unveiled a one-share, one-vote structure that aims to provide more transparency. The structure will give the roughly 30 percent shareholders of Carlyle, who aren't insiders, greater say, the Wall Street Journal reported. The changes also help Carlyle's inclusion in indexes and the S&P 500, which doesn't allow companies with more than one class of shares, the story said.

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