Thursday, 28 August 2014
Last updated 5 hours ago
Dec 7 2010 | 1:09am ET
The Carlyle Group will go public in 2012, according to published reports.
The private equity giant, which has nearly $100 billion in assets, plans to file for an initial public offering at the end of next year. The Washington, D.C.-based firm's shares would not begin trading until the following year.
"We have not made any decisions regarding if or when we might go public," spokesman Christopher Ullman told Reuters. Little over a year ago, Ullman said any IPO was "a long way off."
But while Ullman was reticent about a possible IPO, Carlyle co-founder William Conway seems quite certain. He told Bloomberg News that Carlyle plans to sell some sort of public shares to build up a kitty of permanent capital immune to the vicissitudes of fickle investors.
"There will be significant advantages to having a lot more capital," he said. "Investors are reducing commitments to funds and making economic terms much less attractive."
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...