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Simpson Thacher Ushers Carlyle Into Commodities Trading

By Karlee Weinmann (October 3, 2012, 12:51 PM EDT) -- Washington-based private equity firm Carlyle Group LP picked up a majority stake in hedge-fund manager Vermillion Asset Management LLC, Carlyle said Wednesday, landing its first commodities trading platform as it continues its foray into nonbuyout holdings....

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