Deals
Carlyle Files for Initial Public Offering to Join Blackstone
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Carlyle Group, the second largest manager of private-equity funds, filed plans to join rivals Blackstone Group LP and KKR & Co. as a publicly traded company amid signs the buyout market is weakening.
Carlyle, which hasn’t set a price range or the number of shares it aims to sell, registered for an initial public offering of $100 million by next year, according to a filing today with the U.S. Securities and Exchange Commission. That amount is a placeholder to calculate filing fees and the final amount may vary.