Monday, 30 March 2015
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.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…