Dec. 2 (Bloomberg) -- Alternative Investment Capital Ltd. , majority owned by Mitsubishi Corp. , plans to start a new fund to invest in Asian private equity next year, as the industry emerges from a two-year slump triggered by a credit freeze. Full Article at Bloomberg.com

Kuwaiti conglomerate National Industries Group is suing the Carlyle Group, a building sponsor at Extell Development's Rushmore towers at 80 Riverside Boulevard, for allegedly misrepresenting the financial health of its affiliate group, Carlyle Capital... Full Article at The Real Deal: New York

By Rick Carew HONG KONG -- Morgan Stanley has shortlisted bidders including five U.S. private-equity firms and Taiwan's Fubon Financial Holding Co. in the sale of its stake in China International Capital Corp. , according to people familiar with the... Full Article at Wall Street Journal

Dec. 1 (Bloomberg) -- Carlyle Group, the world’s second- largest private-equity firm, and Hellman & Friedman LLC are seeking to take advantage of a record rally in high-yield, high- risk loans to take cash out of companies they bought last year amid... Full Article at Bloomberg.com

National Industries Group, the Kuwaiti conglomerate, is suing the Carlyle Group in a local court, alleging that the private equity firm misrepresented the safety of one of its public debt funds that went under in March 2008, The Financial Times... Full Article at Dealbook

With the benefit of hindsight, there were plenty of other signs that Dubai was building a financial mirage in the desert, The New York Times’s Andrew Ross Sorkin writes in his latest DealBook column. Full Article at Dealbook

Dec. 1 (Bloomberg) -- Carlyle Group, the world’s second- largest private-equity firm, will give a bigger share of fee income to fund investors as they demand more favorable terms, according to two people familiar with the matter. Full Article at Bloomberg.com

A prominent Kuwaiti conglomerate is suing the Carlyle Group in a local court, alleging that the US private equity firm misrepresented the safety of its affiliate, Carlyle Capital Corp, a public debt fund that collapsed in March 2008. Full Article at Zawya.com

Making a market in Ideas NEW YORK, Nov 30 (Reuters) - A Kuwaiti conglomerate is suing private equity firm Carlyle Group [CYL.UL] in a local court, alleging that it misrepresented the safety of affiliate Carlyle Capital Corp (CCC), a public debt... Full Article at Reuters

What follows is pre-market commentary by Keith R. McCullough, chief executive officer at Research Edge, LLC. As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them. John F. Full Article at Forbes

Where politics and the economy intersect. Full Article at Reuters

tool goes here NEW YORK -- William Kennard, former chairman of the Federal Communications Commission, has resigned from the board of the New York Times Co. to become the U.S. ambassador to the European Union. Full Article at Belleville News-Democrat

THE deal flow in the commercial property sector finally seems to be heating up now that many believe the market is near bottom. Full Article at The Age

Unions and consumer groups are leery, but the sale by Verizon Communications of nearly 5 million primarily rural landlines in Washington and 13 other states to Frontier Communications is moving forward quickly. Full Article at The Seattle Times

Nov. 23 (Bloomberg) -- King Pharmaceuticals Inc. , LifePoint Hospitals Inc. and Endo Pharmaceuticals Holdings Inc. may be buyout targets as private-equity firms seek companies battered by the economy and poised to gain from the U.S. health overhaul. Full Article at Bloomberg.com

By Michael Corkery Carlyle Group's Barry Gold is no fan of Connecticut's highway rest stops."I have been to nearly all of them, and I don't like them. Full Article at Wall Street Journal

The state has signed a 35-year contract with a regional Subway restaurant franchiser and private equity firm to supply food and fuel and overhaul the state's highway plazas, an agreement which will include for the state a combined $500 million in... Full Article at The Stamford Advocate

By Peter Lattman Private-equity firm Carlyle Group has struck an agreement with the state of Connecticut to rebuild and operate the state's 23 rest stops in return for share of their revenues.The so-called public-private partnership calls for Carlyle... Full Article at Wall Street Journal

The Carlyle Group said Thursday that it had signed a deal with Connecticut to refurbish and run the state’s 23 highway service stops in return for a share of their revenues over the next 35 years. Full Article at Dealbook