Caveat Emptor: Carlyle Teams With TCW For Retail Push

Carlyle Group is teaming up with TCW Group to offer three mutual funds that provide ordinary investors access to hedge fund-like bets, a recent regulatory filing reveals.

As an adviser for the three new mutual funds, TCW will employ Carlyle’s hedge-fund team, known as Liquid Markets Solutions, to make investments.

Carlyle in retail push despite early setbacks

According to the regulatory filing, the TCW/Carlyle Trend Following Fund will utilize computer models to identify and bet on...

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