Report: Carlyle, Blackstone, TPG eye First Republic Bank - Los Angeles Business from bizjournals:

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Bank of America acquiref First Republic, which specializes in privatsebanking services, along with the rest of Merrill Lynchg & Co. at the beginning of 2009. analysy David Hendler estimates that First Republic may cost as muchas $700 million in a according to Bloomberg. Merrill paid $1.8 billion for Firs t Republic inSeptember 2007. The bank had assets of $15.33 billion at the end of that year. Bank of which has received $45 billion in government bailouty funds, is raising capital in a varietygof ways. It has said . A potential purchase of Firstf Republic wouldbe Carlyle's seconxd banking invesment in the last month. On May 22, D.C.
-based Carlyle Group, along with Blackstone Group, and WL Ross & Co., investec $900 million in a new depository institution acquiring the operationas ofCoral Gables, Fla.-based BankUnited, which was seized by government regulatorsd the previous day.