Sunday, 21 September 2014
Last updated 2 days ago
Jun 3 2011 | 1:23pm ET
The Carlyle Group will file for an initial public offering in the third quarter and has begun meeting with potential underwriters.
The private equity giant's decision to file between next month and September represents something of an acceleration of its plans. The move means it could begin trading just after Labor Day; in December, it was reported that Carlyle would file at the end of this year and begin trading in 2012.
The firm's shares could still begin trading next year, according to Reuters, which first reported the third-quarter plan.
Carlyle is in talks about underwriting the offering with just about all of the major banks, including Goldman Sachs and JPMorgan Chase, The Wall Street Journal reports.
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.