Thursday, January 22nd, 2004

Time

Event

8:09p

there we go Jan. 22 (Bloomberg) -- Carlyle Group Inc. hired Andrei Terekhov to help raise and manage a $300 million fund to buy companies in Russia, less than three months after the firm scrapped a plan to start one with Moscow-based Alfa Group. Terekhov, 38, joins from Moscow-based private equity firm Baring Vostok Capital Partners. Carlyle is recruiting a second managing director to help run the fund, said David Rubenstein, a Carlyle co-founder and managing director. This is just the sign of things to come. Let the idiots miss out. (4 Comments | Comment on this)

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