Monday, 6 July 2015
Last updated 3 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…