The
Carlyle Group CG and Vermillion Asset Management
announced that the Carlyle publicly traded partnership has
purchased, effective October 1, 2012, a 55% stake in Vermillion, a New
York-based commodities investment manager with approximately $2.2
billion of assets under management as of September 30, 2012, which has
become affiliated with Carlyle's Global
Market Strategies business.
Mitch
Petrick, Carlyle Managing Director and Head of Global Market
Strategies, said, “This is an important addition to Carlyle's GMS
platform. For many years Carlyle has successfully invested in a variety
of energy, agriculture and infrastructure companies. Vermillion employs
a
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