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.


In Depth

U.S. Treasury Moves on Reinsurance Loophole

Apr 24 2015 | 5:11pm ET

The U.S. Treasury Department has released proposed rules aimed at limiting the ability...

Lifestyle

Artivest Announces Funding Round Led by KKR & Co.

May 4 2015 | 9:56am ET

Artivest, a startup that provides individual investors with access to private equity...

Guest Contributor

Starting a ‘40 Act Fund Family? Don’t Forget Your Board

Apr 30 2015 | 7:18am ET

The convergence of the hedge fund and mutual fund worlds continues unabated, as...

 

Editor's Note