Tuesday, 29 July 2014
Last updated 15 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…