Tuesday, 1 December 2015
Last updated 14 hours 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…