MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, August 22, 2012 Reuters Updates the TCW Suit As reported yesterday by the MFWire, EIG has sued to stop the proposed TCW-Carlyle deal. According a Reuters report, the firm — which was spun off from TCW early last year — says the deal gives the companies information to Carlyle, a direct competitor to EIG in the energy field. Carlyle would have information based on a joint venture between TCW and EIG. "We have no beef with Carlyle, it's not their fault that they are a competitor. But the joint venture with TCW obligates us to provide to them EIG fund and asset level data, more than what our limited partners see, they would get to see everything," Thomas told Reuters. Printed from: MFWire.com/story.asp?s=41015 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |