Should John Q. Public Invest in the Carlyle Group?

Carlyle Group filed documents with the SEC last week detailing plans to start a fund open to accredited investors with a $50,000 minimum investment.
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(Corrects details of relationship between Central Park Group and Carlyle Group in second and fifth paragraphs of post published March 19.)

Someday soon, you -- accredited investor with $200,000 in income ($300,000 for a couple) and $1 million in assets besides your primary residence -- may be able to buy into a secretive pool of capital that will be put to work taking companies private and reaping the profits when they are taken public again. And you will only need to pony up $50,000.