Carlyle Files for an I.P.O.

[xchrom]

http://dealbook.nytimes.com/2011/09/06/carlyle-files-for-an-i-p-o/

The Carlyle Group officially wants to join the exclusive club of publicly traded private equity giants.

Carlyle filed for an initial public offering on Tuesday, a long-awaited development that will finally shed light on the investment firm’s business.

The securities filing listed a provisional fund-raising target of $100 million, which is likely to change over time. That number is used to calculate the registration fee.

Founded in 1987, Carlyle manages $153 billion in assets across 86 funds and 49 fund of funds, according to the filing. It employs more than 1,100. It has participated in the buyouts of a number of big American companies including, Freescale Semiconductor, Hertz and Dunkin’ Brands.


***imo -- they should be perp walked to jail.

[Eddie Haskell]

1. They're the same people that told clients to get out

months before the 2008 collapse. They said there would be an historic opportunity. Sounds like now's the time to buy.

[Sal Minella]

2. Poppy Bush is (or was) a bigwig in Carlyle, according to something I

read many, many years ago.

The last I heard anything about them was 3-4 years ago when they were buying big into nursing homes.