Private equity firm Carlyle files for $100-million IPO

By Renaissance Capital IPO Research: The Carlyle Group, one of the world's largest and most diversified alternative asset management firms, filed on Tuesday with the SEC to register for an initial public offering.

The Carlyle Group, a leading global asset manager that oversees more than $150 billion in assets, announced plans on Tuesday for an initial public offering (IPO) on the stock market.The Washington-based firm set a tentative target to raise $100 million from the share offering in its registration statement with the US Securities and Exchange Commission.

The normally secretive private equity industry spent 2012 in the spotlight thanks to Mitt Romney‘s ill-fated presidential run, and some of these firms appear to be capitalizing on all the free press they received — literally. That’s right, the publicly traded private equity firm Carlyle Group — whose funds were once open only to the mega-rich — is now allowing the merely well-off to get in on the action.

The normally secretive private equity industry spent 2012 in the spotlight thanks to Mitt Romney‘s ill-fated presidential run, and some of these firms appear to be capitalizing on all the free press they received — literally. That’s right, the publicly traded private equity firm Carlyle Group — whose funds were once open only to the mega-rich — is now allowing the merely well-off to get in on the action.

The normally secretive private equity industry spent 2012 in the spotlight thanks to Mitt Romney‘s ill-fated presidential run, and some of these firms appear to be capitalizing on all the free press they received — literally. That’s right, the publicly traded private equity firm Carlyle Group — whose funds were once open only to the mega-rich — is now allowing the merely well-off to get in on the action.

NEW YORK (Reuters) - Private equity firm Carlyle Group LP is seeking to raise between $701.5 million and $762.5 million by selling about 11 percent of itself in its initial public offering (IPO) in early May, a person familiar with the matter said on Sunday. Carlyle is expected to file an IPO registration document on Monday stating it is looking to sell 30.5 million units at between $23 and $25 per unit, the source said. The greenshoe option includes 4.5 million more units, the source added. Carlyle declined to comment. (Reporting by Greg Roumeliotis; Editing by Richard Pullin)

NEW YORK (Reuters) - Carlyle Group LP, the private equity firm with $147 billion in assets under management, is planning to sell a 10 percent stake in its upcoming initial public offering, a source familiar with the matter said on Tuesday. The firm, which is set to start road shows for its IPO shortly, first hinted at the size of the sale in a regulatory filing earlier this month. It is looking for a valuation of between $7.5 billion and $8 billion, the source said. A Carlyle spokesman declined to comment. (Reporting by Greg Roumeliotis in New York; Editing by Gary Hill)