Daily Investment Tips

Carlyle Group, the private equity firm with $108bn under management, plans an IPO to raise more than $1bn.

Carlyle in June 2011 selected Citigroup, Credit Suisse and JPMorgan Chase to lead the IPO offer. If they keep to tradition where firms file their registration statements within two or three months of selecting bankers. Then Carlyle could list as soon as September 2011. The exact date of Carlyle IPO will be announced later.

Carlyle will be following the IPO path taken by other giant private equity firms, Blackstone, Kohlberg Kravis Roberts and Apollo Global Management.

Although private eduity IPOs were received with excitement, they have been a big let down. Most of them are trading below their IPO values.

written by Constantine Njeru \\ tags: Apollo, Blackstone, Carlyle Group, Citigroup, Credit Suisse, Excitement, Global Management, Ipo, Ipos, Jpmorgan Chase, Kohlberg Kravis Roberts, Lead, Path, Private Equity Firm, Private Equity Firms, Registration Statements, Three Months, Tradition