Carlyle Raises $671 Million in IPO, 12% Less Than It Sought

Carlyle Raises $671 Million in IPO, 12% Less Than It Sought

Andrew Harrer/Bloomberg

The building that houses the Carlyle Group LP headquarters stands in Washington, D.C., U.S. Carlyle sold about a 10 percent stake and will start trading tomorrow on the Nasdaq Stock Market under the symbol CG.