Thursday, 24 July 2014
Last updated 9 hours ago
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.
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…