Google+

The Cynosure Group has Completed the Acquisition of a Portion of the Carlyle Group’s Equity Interest in Avalon Advisors

Global alternative asset manager The Carlyle Group (NASDAQ: CG) completed the sale of a portion of its equity interest in Avalon Advisors, LLC (“Avalon Advisors”) to The Cynosure Group, LLC (“The Cynosure Group” or “Cynosure”).  The investment in Avalon Advisors was made through Carlyle Global Financial Services Partners L.P., which will retain a material equity stake in Avalon Advisors following this transaction. Read the press release here.

Sandler O'Neill and Partners

No comments yet.

Leave a Reply