CalPERS, Carlyle profit from Afghan war - 9/11

Sat, 19 Jun 2021 13:58:12 GMT

As America's military involvement abroad deepens, profits are increasing for the Carlyle Group -- and, it turns out, for thousands of California civil servants. The Carlyle who, you ask? The Carlyle Group, as in a secretive Washington, D.C., investment firm managing some $14 billion in assets, including stakes in a number of defense- related companies.