I'm not sure if many of the people here remember a group called...

I'm not sure if many of the people here remember a group called the "Carlyle Group"?

Arun Ganguly
Arun Ganguly is Managing Director of GEM, based in New York City. Most recently, Arun was an advisor to Stephen L. Norris, cofounder of the "Carlyle Group" where he assisted in raising in excess of $1B for various sectors including private equity, real estate and aviation.

If you want to look at what the Carlyle Group are into? then here is a little bit, it is dated but the connections are still there, notice how it mentions QinetiQ?

Does anybody else here see the connections??? LOL

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U.K. defense researchers pick U.S. partner: Washington-based Carlyle group to seek investors for London's new military technology firm.
By Kennedy, Harold
Publication: National Defense
Date: Wednesday, January 1 2003


The United Kingdom's Ministry of Defence has chosen a U.S. firm--the Carlyle Group--as a strategic investment partner for its QinetiQ Group plc, a spin-off of the former Defence Evaluation and Research Agency.
DERA--one of Europe's largest scientific research organizations--was the

U.K.'s version of the U.S. Defense Advanced Research Projects Agency. It pioneered the development of such technologies as liquid-crystal displays, carbon fiber, flat-panel speakers, infra-red sensors and microwave radar.
In 2001, the MOD split DERA into two organizations, the Defence Science and Technology Laboratory and QinetiQ, a company spokesperson, Fiona J. Lewinton, told a symposium sponsored by the Precision Strike Association, in Laurel, Md.
DSTL remains an integral part of the MOD, but QinetiQ--pronounced "kinetic"--has been spun off as a company that currently is wholly owned by the government, Lewinton said.
With some 9,000 personnel and an annual income of approximately 800 million pounds, QinetiQ includes about three quarters of the old DERA. It has a small headquarters in London, with major facilities in Farnborough and Malvern.
Strapped for cash, however, the MOD wants to attract more private investment to QinetiQ. In September 2002, it selected the Carlyle Group from a field of 40 companies that had expressed an interest in acquiring a stake in the firm.