Stock Under $10 with 50-100% upside potential - 14 Days FREE!

The Pembani Remgro Infrastructure Fund, The Carlyle Group And Standard Chartered Private Equity Invest $210m In Export Trading Group, A Global Agricultural Supply Chain Manager

Stock quotes in this article: CG 

Phuthuma Nhleko is currently chairman of the Pembani Group, which has interests in the cement, mining and petroleum industries, and is the former Group CEO of the MTN Group. During his ten years at the helm of MTN, the group increased operations from five countries in Africa to 21 countries in Africa and the Middle East, with over 165 million subscribers.

Remgro Limited is a South African investment holding company and its interests consist mainly of investments in the following industries: banking and financial services, medical services, food, wine and spirits, petroleum products, glass products, shipping, freight and logistics, media, and technology. The Company is listed on the Johannesburg Securities Exchange (JSE) operated by the JSE Limited in South Africa under the "Industrials Diversified Industrials" sector, with the share code "REM". For more information visit: www.remgro.com.

About The Carlyle Group

The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $156 billion of assets under management in 99 funds and 63 fund of fund vehicles as of June 30, 2012. Carlyle's purpose is to invest wisely and create value. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Market Strategies and Fund of Funds Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Carlyle has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, technology & business services, telecommunications & media and transportation. The Carlyle Group employs more than 1,300 people in 32 offices across six continents. For more information visit: www.carlyle.com.

About the Carlyle Sub-Sahara Africa (SSA) Team

Established in March 2012, the Carlyle SSA team makes buyout and growth capital investments in private and public companies from offices in Johannesburg, SA and Lagos, Nigeria. The Carlyle SSA team focuses on transactions where it has a distinctive competitive advantage and can create tangible value for companies in which it invests, through industry specialization, deployment of human capital and access to Carlyle’s global network. Carlyle’s target industries include consumer goods, financial services, agribusiness, and energy.

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