Carlyle Seeks Blackstone-Like Valuation For IPO

Aug 17 2011 | 12:51am ET

The rivalry between the Carlyle Group and the Blackstone Group has moved into a new arena: corporate valuation.

The former has held private meetings with analysts in an effort to convince them that Carlyle should be valued at least as much as Blackstone. Carlyle is planning a $1 billion initial public offering later this year; Blackstone raised $4.75 billion when it went public four years ago.

Carlyle is pointing to its steadier earnings, Bloomberg News reports, arguing that they will produce a more predictable dividend.

Washington, D.C.-based Carlyle manages more than $150 billion.


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Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

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