Press Release May 21, 2014

Goodwin Procter Advises The Carlyle Group on Acquisition of Majority Interest in Talent Partners

Goodwin Procter attorneys recently advised The Carlyle Group on its announced acquisition of a majority interest in Talent Partners. Terms of the transaction, which is expected to close in the second quarter of 2014, were not disclosed.

The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $199 billion of assets under management across 120 funds and 133 fund of funds vehicles as of March 31, 2014. Carlyle's purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Market Strategies and 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, real estate, technology & business services, telecommunications & media and transportation. The Carlyle Group employs more than 1,600 people in 38 offices across six continents.

Talent Partners is a talent payroll, production support services and rights management solutions provider to the advertising industry. The company provides more than 125 essential services to more than 750 clients, including 23 of the top 25 largest U.S. advertising agencies and 23 of the top 25 largest U.S advertisers. The company has offices in New York, Chicago, Los Angeles, London and Toronto.

The Goodwin team advising Carlyle was led by Ilan Nissan and included Bill Weiss and Milena Tantcheva.

Please read the transaction press release for more information.